EGLE - Eagle Bulk Shipping Stock Trading

Adjusted 1Q2021 EBITDA million in line with expectations. The year has started off well and EBITDA of $31.5 million was in line with expectations and above 4Q2021 EBITDA of $22.0 million. Given the 1Q2021 forward cover of 93% of available booked at $15,085/day, the quarter was mostly locked in...

Image source: The Motley Fool. Eagle Bulk Shipping (NASDAQ: EGLE) Q1 2021 Earnings Call May 07, 2021 , 8:00 a.m. ET Operator Continue reading For further details see: Eagle Bulk Shipping (EGLE) Q1 2021 Earnings Call Transcript

The Baltic Dry Index (BDI), which measures the rate dry bulk shipping companies can charge, declined yesterday. It was more of a pothole than a plunge (just a 1.7% dip), but this was the first time in nearly a month that the BDI went in any direction other than up, and it might be the s...