Benzinga | May 6, 2021 05:42PM EDT

Eagle Bulk Shipping Q1 EPS $0.84 Misses $1.04 Estimate, Sales $96.60M Beat $80.10M Estimate

Eagle Bulk Shipping (NASDAQ:EGLE) reported quarterly earnings of $0.84 per share which missed the analyst consensus estimate of $1.04 by 19.23 percent. This is a 1780 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $96.60 million which beat the analyst consensus estimate of $80.10 million by 20.60 percent. This is a 29.88 percent increase over sales of $74.38 million the same period last year.