Benzinga | Aug 5, 2021 06:00PM EDT

Eagle Bulk Shipping Q2 EPS $2.63 Beats $2.55 Estimate, Sales $129.90M Beat $111.15M Estimate

Eagle Bulk Shipping (NASDAQ:EGLE) reported quarterly earnings of $2.63 per share which beat the analyst consensus estimate of $2.55 by 3.14 percent. This is a 1039.29 percent increase over losses of $(0.28) per share from the same period last year. The company reported quarterly sales of $129.90 million which beat the analyst consensus estimate of $111.15 million by 16.87 percent. This is a 126.34 percent increase over sales of $57.39 million the same period last year.