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Investing.com - Safe Bulkers reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Safe Bulkers announced earnings per share of $0.390 on revenue of $93.7M. Analysts polled by Investing.com EPS of $0.340 on revenue of $88.76M.
Safe Bulkers 's are up 4.35% and is trading at $2.670 , still down 47.85% from its 52 week high of $5.12 set on Tuesday, June 7, 2022.
Safe Bulkers follows other major Industrials sector earnings this month
Safe Bulkers's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
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