Benzinga | Nov 5, 2020 05:02PM EST

Eagle Bulk Shipping Q3 EPS $(1.09) Misses $(0.69) Estimate, Sales $68.20M Beat $52.69M Estimate

Eagle Bulk Shipping (NASDAQ:EGLE) reported quarterly losses of $(1.09) per share which missed the analyst consensus estimate of $(0.69) by 57.97 percent. This is a 1716.67 percent decrease over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $68.20 million which beat the analyst consensus estimate of $52.69 million by 29.44 percent. This is a 7.97 percent decrease over sales of $74.11 million the same period last year.