Benzinga | Jul 28, 2021 04:38PM EDT

Safe Bulkers Q2 Adj. EPS $0.31 Beats $0.20 Estimate, Sales $81.60M Beat $67.96M Estimate

Safe Bulkers (NYSE:SB) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.20 by 55 percent. This is a 293.75 percent increase over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $81.60 million which beat the analyst consensus estimate of $67.96 million by 20.07 percent. This is a 69.01 percent increase over sales of $48.28 million the same period last year.