Safe Bulkers Q1 Adjusted EPS, Net Revenue Decrease

MT Newswires Live

2025/05/20

Safe Bulkers (SB) reported Q1 adjusted earnings Monday of $0.05 per diluted share, down from $0.20 a year earlier.

Two analysts polled by FactSet expected $0.03.

Net revenue for the quarter ended March 31 was $64.3 million, down from $81.7 million a year earlier.

One analyst expected $57.9 million in a FactSet survey.

The shares were up over 3% in after-hours activity.

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