More on Eagle Bulk Shipping (EGLE): Q4 beats estimates as the shipper reported...

|About: Eagle Bulk Shipping Inc. (EGLE)|By:, SA News Editor

More on Eagle Bulk Shipping (EGLE): Q4 beats estimates as the shipper reported fewer-than-anticipated losses, despite a continued decline in net revenue. The company also issues cautious comments on the current quarter, noting that new-building deliveries flooded the market in January, and while demand is steady, it is insufficient at this point to meet unfavorable supply dynamics. Shares -4.8% AH.