Scorpio Bulkers lower after earnings

|About: Scorpio Bulkers Inc (SALT)|By:, SA News Editor

Scorpio Bulkers (NYSE:SALT) trades down 1.04% after the company misses Q2 estimates.

The company says its Kamsarmax fleet earned $12,823 per day during the quarter and the Ultramax fleet earned $11,569 per day.

For voyages fixed for Q3,,the Kamsarmax fleet is at approximately $13,974 per day for 47% of the day and the Ultramax fleet is at approximately $10,963 per day for 46% of the days.

Previously: Scorpio Bulkers misses by $0.02, misses on revenue (July 23)

Subscribe for full text news in your inbox