Safe Bulkers, Inc. Sets Date for Third Quarter 2020 Results, Conference Call and Webcast

Rhea-AI Summary

Safe Bulkers, Inc. (NYSE: SB) will release its financial results for Q3 2020 on November 11, 2020, after market closure. The management team will host a conference call to discuss these results on November 12, 2020, at 9:30 A.M. ET. Participants can call in to join the discussion using specified numbers. A telephonic replay will be available until November 19, 2020, along with a webcast of the conference call hosted on the Company’s website. Safe Bulkers provides marine drybulk transportation services, particularly for coal, grain, and iron ore.

Positive

• Scheduled earnings release indicates transparency and investor engagement.
• Conference call setup suggests management's willingness to address stakeholder queries.
• Company's operations cover essential commodities like coal, grain, and iron ore, which are fundamental to global trade.

Negative

• No specific financial metrics or results were disclosed, leaving investors without clear performance indicators.

Earnings Release: Wednesday, November 11, 2020, After Market Closes

Conference Call and Webcast: Thursday, November 12, 2020, at 9:30 A.M. Eastern Time

MONACO, Nov. 06, 2020 (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 quarter ended September 30, 2020 after the market closes in New York on Wednesday, November 11, 2020.

On Thursday, November 12, 2020, at 9:30 A.M. Eastern Time, the Company’s management team will host a conference call to discuss the financial results.

Conference Call Details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238- 0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Safe Bulkers” to the operator.

A telephonic replay of the conference call will be available until November 19, 2020, by dialing 1(866) 331-1332 (US Toll Free Dial In), 0(808) 238-0667 (UK Toll Free Dial In) or +44 (0) 3333 009785 (Standard International Dial In). Access Code: 1859591#

Slides and Audio Webcast:

There will also be a live, and then archived, webcast of the conference call, available through the Company’s website (www.safebulkers.com). 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 Q3 2020 earnings?

Safe Bulkers will release its Q3 2020 earnings on November 11, 2020, after market close.

What time is the conference call for Safe Bulkers earnings?

The conference call for Safe Bulkers earnings will take place on November 12, 2020, at 9:30 A.M. Eastern Time.

How can I participate in Safe Bulkers conference call?

To participate in the conference call, dial 1 (877) 553-9962 (US Toll Free) approximately 10 minutes before the scheduled time.

What are the stock symbols for Safe Bulkers?

Safe Bulkers trades under the stock symbols SB, SB-PC, and SB-PD on the NYSE.

Is there a replay available for the Safe Bulkers conference call?

Yes, a telephonic replay of the conference call will be available until November 19, 2020.