Eagle Bulk Shipping Inc.

DB:E1B1 Stock Report

Market Cap: €637.8m

Eagle Bulk Shipping Past Earnings Performance

Past criteria checks 1/6

Eagle Bulk Shipping has been growing earnings at an average annual rate of 48.1%, while the Shipping industry saw earnings growing at 55% annually. Revenues have been growing at an average rate of 17.7% per year. Eagle Bulk Shipping's return on equity is 3.8%, and it has net margins of 5.8%.

Key information

48.1%

Earnings growth rate

47.2%

EPS growth rate

Shipping Industry Growth61.1%
Revenue growth rate17.7%
Return on equity3.8%
Net Margin5.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Eagle Bulk Shipping makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:E1B1 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2339423440
30 Sep 2344139440
30 Jun 23543122430
31 Mar 23641198420
31 Dec 22720248410
30 Sep 22753312410
30 Jun 22751313390
31 Mar 22682228380
31 Dec 21595185350
30 Sep 2148598320
30 Jun 213708320
31 Mar 21297-22310
31 Dec 20275-35320
30 Sep 20271-46330
30 Jun 20277-40330
31 Mar 20289-25350
31 Dec 19292-22350
30 Sep 19308-4330
30 Jun 193033340
31 Mar 1930813350
31 Dec 1831013360
30 Sep 18298-10360
30 Jun 18292-23360
31 Mar 18270-33350
31 Dec 17237-44330
30 Sep 17204-170320
30 Jun 17177-179290
31 Mar 17149-195250
31 Dec 16124-224230
30 Sep 16108-161230
30 Jun 16102-162230
31 Mar 1699-167240
31 Dec 15104-148260
30 Sep 15114-499240
30 Jun 15115-524250
31 Mar 15135-541220
31 Dec 14154-543250
30 Sep 14165-144180
30 Jun 14174-136140
31 Mar 14176-94160
31 Dec 13202-71160
30 Sep 13198-72140
30 Jun 13206-64150

Quality Earnings: E1B1 has a large one-off gain of $11.7M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: E1B1's current net profit margins (5.8%) are lower than last year (34.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: E1B1 has become profitable over the past 5 years, growing earnings by 48.1% per year.

Accelerating Growth: E1B1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: E1B1 had negative earnings growth (-90.8%) over the past year, making it difficult to compare to the Shipping industry average (13.7%).

Return on Equity

High ROE: E1B1's Return on Equity (3.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/09 04:45
End of Day Share Price 2024/04/09 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Eagle Bulk Shipping Inc. is covered by 27 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Liam BurkeB. Riley Securities, Inc.
Gregory LewisBTIG