Eagle Bulk Shipping has fallen short of analyst consensus for the fourth quarter, primarily due to offhire days incurred during its scrubber retrofit programme.
The Gary Vogel-led supramax/ultramax specialist posted an $11.2m net loss for the last three months of 2019 versus a $6.49m profit for the same period last year.
Those results translated into a $0.16 loss per share for the quarter, missing estimates by $0.12
