Eagle Bulk Shipping (EGLE) reported first quarter EPS of $0.08 after the close Wednesday, compared to the loss of $1.11 a year ago. The consensus estimate was for a loss of $2.10.
Eagle Bulk Shipping gapped open higher Thursday and has risen sharply in early trade on above average volume. The stock is now up 1.42 at $4.98 and has surged to a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.