Eagle Bulk Shipping (EGLE) Announces Quarterly Earnings, Beats Estimates By $0.09 EPS
Eagle Bulk Shipping (NASDAQ:EGLE) posted its quarterly earnings results on Tuesday. The company reported ($1.32) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.41) by $0.09, American Banking and Market News reports.
Shares of Eagle Bulk Shipping (NASDAQ:EGLE) opened at 3.55 on Tuesday. Eagle Bulk Shipping has a one year low of $2.71 and a one year high of $8.75. The stock has a 50-day moving average of $3.48 and a 200-day moving average of $3.89. The company’s market cap is $60.0 million.
Eagle Bulk Shipping Inc is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.
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