Eagle Bulk Shipping Q4 EPS $1.13 Beats $0.71 Estimate, Sales $104.59M Beat $92.51M Estimate

Eagle Bulk Shipping (NYSE:EGLE) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $0.71 by 59.15 percent. This is a 50.44 percent decrease over earnings of $2.28 per share from the same period last year. The company reported quarterly sales of $104.59 million which beat the analyst consensus estimate of $92.51 million by 13.06 percent. This is a 30.94 percent decrease over sales of $151.44 million the same period last year.