Safe Bulkers, Inc. Sets Date for the Second Quarter 2022 Results, Conference Call and Webcast

Rhea-AI Summary

Safe Bulkers, Inc. has announced that it will release its financial results for the second quarter ending June 30, 2022, after market close on July 27, 2022. A conference call is scheduled for July 28, 2022, at 12:00 P.M. Eastern Time, where management will discuss the results. Participants can register for the call via a provided link. Safe Bulkers provides marine drybulk transportation services globally, specializing in transporting cargoes like coal, grain, and iron ore. The company's stocks trade under symbols SB, SB-PC, and SB-PD.

Positive

• Scheduled earnings release indicating regular financial reporting.
• Conference call providing direct engagement with management.

Negative

• No specific financial metrics disclosed, raising concerns about transparency.
• Dependence on future events for growth strategy without guarantees.

Earnings Release: Wednesday, July 27, 2022, After Market Closes

Conference Call and Webcast: Thursday, July 28, 2022, at 12:00 P.M. Eastern Time

MONACO, July 21, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the second quarter ended June 30, 2022, after the market closes in New York on Wednesday, July 27, 2022.

On Thursday, July 28, 2022, at 12:00 P.M. Eastern Time, the Company’s management team will host a conference call to discuss the financial results.

Conference Call Details:

Participants should register at Safe Bulkers Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing them to access the live call.

Slides and Audio Webcast:

There will also be a live, and then archived, webcast of the conference call and accompanying slides, available through the Company’s website. To listen to the archived audio file, visit our website www.safebulkers.com and click on Events & Presentations. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

About Safe Bulkers, Inc.

The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company's common stock, Series C and Series D preferred stock is listed on the NYSE, where it trades under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Exchange Act of 1933, as amended, and in Section 21E of the Securities Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For further information, please contact:

Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Tel.: +30 2 111 888 400
+357 25 887 200
E-Mail: directors@safebulkers.com

Investor Relations / Media Contact:
Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com

FAQ

When will Safe Bulkers release its Q2 earnings for 2022?

Safe Bulkers will release its Q2 earnings on July 27, 2022, after the market closes.

What time is the Safe Bulkers earnings conference call?

The earnings conference call is scheduled for July 28, 2022, at 12:00 P.M. Eastern Time.

How can I participate in the Safe Bulkers earnings call?

Participants can register for the call through the link provided in the press release.

What cargoes does Safe Bulkers transport?

Safe Bulkers primarily transports bulk cargoes such as coal, grain, and iron ore.