Shipping Stock Q3 Earnings Round The Corner: SSW, SALT, SB
Zacks Investment Research | Oct 27, 2016 10:25PM ET
The Q3 earnings season has been quite impressive so far and is likely to become the first quarter to witness earnings growth (in the S&P 500 Index) after five consecutive quarters of bottom-line contraction. According to our latest .
Monaco-based Scorpio Bulkers Inc. (NYSE:SALT) provides marine transportation of dry bulk commodities. The company, which is scheduled to report Q3 results on Oct 31, is likely to outperform on the bottom-line front as per our quantitative model. Scorpio Bulkers carries a Zacks Rank # 3 and an Earnings ESP of +6.9%.
Safe Bulkers, Inc. (NYSE:SB) is an international provider of marine drybulk transportation services. The company has a Zacks Rank #3. However, its Earnings ESP of 0.00% (the Most Accurate estimate in line with the Zacks Consensus Estimate) complicates surprise prediction.
SAFE BULKERS Price and EPS Surprise
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