Eagle Bulk has widened its loss for the third quarter amid a Covid-19 pandemic that continues to disrupt all of maritime shipping.
The Gary Vogel-led bulker owner of ultramaxes and supramaxes reported an $11.2m deficit for the three-month period versus a $4.6m loss for the same period last year.
That result translated into a $1.09 loss per share, missing Wall Street consensus by $0.39