MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Tuesday reported earnings of $34.9 million in its fourth quarter.
On a per-share basis, the company said it had profit of 28 cents. Earnings, adjusted for non-recurring costs, were 29 cents per share.
The shipping company posted revenue of $86.7 million in the period. Its adjusted revenue was $83.7 million.
For the year, the company reported profit of $172.6 million, or $1.36 per share. Revenue was reported as $339.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SB at https://www.zacks.com/ap/SB