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 anticipated EPS of $0.340 on revenue of $88.76M.
Safe Bulkers shares are up 4.35% from the beginning of the year and are trading at $2.670 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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