Safe Bulkers Second Quarter 2025 Earnings: EPS: US$0.017 (vs US$0.24 in 2Q 2024)

Simplywall
2025.07.31 14:10
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Safe Bulkers reported a significant decline in its Second Quarter 2025 earnings, with EPS at US$0.017, down from US$0.24 in 2Q 2024. Revenue fell 16% to US$65.7 million, and net income dropped 93% to US$1.70 million, resulting in a profit margin of 2.6%. Despite these challenges, revenue is projected to grow by 7.7% annually over the next three years, contrasting with a 1.9% decline in the US shipping industry. The company's shares have decreased by 10% in the past week, and there are three warning signs in the investment analysis.

Safe Bulkers (NYSE:SB) Second Quarter 2025 Results

Key Financial Results

  • Revenue: US$65.7m (down 16% from 2Q 2024).
  • Net income: US$1.70m (down 93% from 2Q 2024).
  • Profit margin: 2.6% (down from 33% in 2Q 2024). The decrease in margin was primarily driven by higher expenses.
  • EPS: US$0.017 (down from US$0.24 in 2Q 2024).

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NYSE:SB Earnings and Revenue Growth July 31st 2025

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

Safe Bulkers Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Shipping industry in the US.

Performance of the American Shipping industry.

The company's shares are down 10% from a week ago.

Risk Analysis

Be aware that Safe Bulkers is showing 3 warning signs in our investment analysis and 1 of those shouldn't be ignored...