NYSE:SBShipping
Safe Bulkers (SB) Margin Compression Challenges Bullish Outlook After Q3 Net Profit Margin Declines to 13.9%
Safe Bulkers (SB) has just released its Q3 2025 results, reporting total revenue of $73.1 million and basic EPS of $0.15, with net income of $15.8 million for the quarter. The company has seen revenue fluctuate over the past several quarters, decreasing from $78.5 million in Q2 2024 to a low of $64.3 million in Q1 2025 before rebounding this quarter. EPS also moved from $0.24 in Q2 2024 to a modest loss in Q2 2025, before returning to positive territory. Margins have compressed over the last...