Safe Bulkers (NYSE:SB) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.11 by 63.64 percent. This is a 260 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $74.390 million which beat the analyst consensus estimate of $65.500 million by 13.57 percent. This is a 15.61 percent increase over sales of $64.348 million the same period last year.