Safe Bulkers First Quarter 2025 Earnings: Beats Expectations

Safe Bulkers (NYSE:SB) First Quarter 2025 Results

Key Financial Results

• Revenue: US$64.3m (down 21% from 1Q 2024).
• Net income: US$5.25m (down 78% from 1Q 2024).
• Profit margin: 8.2% (down from 28% in 1Q 2024).
• EPS: US$0.05 (down from US$0.21 in 1Q 2024).

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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, compared to a 1.1% decline forecast for the Shipping industry in the US.

Performance of the American Shipping industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Safe Bulkers that we have uncovered.

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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.