In This Article:
Safe Bulkers (NYSE:SB) First Quarter 2025 Results
Key Financial Results
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Revenue: US$64.3m (down 21% from 1Q 2024).
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Net income: US$5.25m (down 78% from 1Q 2024).
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Profit margin: 8.2% (down from 28% in 1Q 2024).
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EPS: US$0.05 (down from US$0.21 in 1Q 2024).
We've discovered 3 warning signs about Safe Bulkers. View them for free.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Safe Bulkers Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, while revenues in the Shipping industry in the US are expected to remain flat.
Performance of the American Shipping industry.
The company's shares are down 2.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Safe Bulkers you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.