2020 Bulkers First Quarter 2025 Earnings: Misses Expectations

2020 Bulkers (OB:2020) First Quarter 2025 Results

Key Financial Results

• Revenue: US$9.50m (down 77% from 1Q 2024).
• Net income: US$200.0k (down 99% from 1Q 2024).
• Profit margin: 2.1% (down from 70% in 1Q 2024). The decrease in margin was driven by lower revenue.
• EPS: US$0.01 (down from US$1.25 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

2020 Bulkers Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 59%.

Looking ahead, revenue is expected to fall by 3.5% p.a. on average during the next 3 years compared to a 1.4% decline forecast for the Shipping industry in Norway.

Performance of the Norwegian Shipping industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - 2020 Bulkers has 3 warning signs (and 1 which doesn't sit too well with us) we think 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.