Safe Bulkers (NYSE:SB) reported quarterly earnings of $0.28 per share which beat the analyst consensus estimate of $0.23 by 16.67 percent. This is a 2700 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $87.500 million which beat the analyst consensus estimate of $76.250 million by 14.75 percent. This is a 33.09 percent increase over sales of $65.745 million the same period last year.