Safe Bulkers (SB) reported Q3 adjusted earnings late Wednesday of $0.16 per diluted share, up from $0.08 a year earlier.
Two analysts polled by Capital IQ expected $0.17 normalized.
Revenue for the quarter ended Sept. 30 was $79.2 million, compared with $67.1 million a year earlier. No comparative analysts' estimates were available from Capital IQ.
The company maintained its quarterly dividend at $0.05 per share payable on Dec. 17 to stockholders of record on Dec. 2.
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