The earnings call reflected a strong performance with significant net profit, strategic vessel sales, and positive market conditions outweighing the subdued coal transport. The company demonstrated robust dividend payouts and maintained a low cash breakeven point, ensuring profitability across market fluctuations.

Company Guidance

During the Q3 2025 financial presentation for 2020 Bulkers, CEO Lars-Christian Svensen and CFO Vidar Hasund provided detailed guidance on the company's financial performance and strategic outlook. The company reported a net profit of $9.8 million, with an EBITDA of $14.2 million and operating revenues totaling $19.3 million. The gross time charter equivalent (TCE) earnings for the quarter were approximately $35,100 per day, while the average operating expenses per ship per day were approximately $6,600. 2020 Bulkers declared dividends of $0.54 per share for Q3 and utilized Forward Freight Agreements (FFA) to hedge two vessels at $33,700 per day. Additionally, they announced the sale of four vessels for a total consideration of $281.75 million, with deliveries scheduled for Q1 2026. The company emphasized its low cash breakeven of $11,500 per day and highlighted the favorable market conditions, driven by increased bauxite and iron ore exports, which have supported higher Baltic Capesize Index levels and ton-mile growth. As a result, 2020 Bulkers expects continued profitability and dividend capacity in various market conditions.

Strong Net Profit and EBITDA

The company reported a net profit of $9.8 million and an EBITDA of $14.2 million for Q3 2025.

Vessel Sales

Agreements were signed to sell vessels Bulk Sandefjord, Bulk Santiago, and Bulk Shenzhen for $209 million, with delivery in Q1 2026. Additionally, Bulk Sao Paulo was sold for $72.75 million.

Dividend Declaration

Declared a total dividend of $0.54 per share for July, August, and September, and $0.19 per share for October 2025.

Positive Market Trends

The Baltic Capesize Index is higher than previous years, driven by increased bauxite and iron ore exports, particularly from West Africa and Brazil to China.

Low Cash Breakeven

Company's cash breakeven is $11,500 per day, allowing profit generation in various market conditions.

2020 Bulkers (DE:0FF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:0FF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 11, 2026	2025 (Q4)	0.38 / -	0.197	―	―	―
Nov 12, 2025	2025 (Q3)	0.36 / 0.37	0.427	-14.00% (-0.06)	―	―
Aug 13, 2025	2025 (Q2)	0.22 / 0.21	0.402	-48.94% (-0.20)	―	―
May 07, 2025	2025 (Q1)	<0.01 / <0.01	0.299	-97.14% (-0.29)	―	―
Feb 12, 2025	2024 (Q4)	0.29 / 0.20	0.542	-63.72% (-0.35)	―	―
Nov 13, 2024	2024 (Q3)	0.42 / 0.43	0.175	143.90% (+0.25)	―	―
Aug 14, 2024	2024 (Q2)	0.36 / 0.40	0.157	155.43% (+0.24)	―	―
May 08, 2024	2024 (Q1)	0.28 / 0.30	0.031	872.22% (+0.27)	―	―
Feb 07, 2024	2023 (Q4)	0.47 / 0.54	0.229	136.57% (+0.31)	―	―
Nov 08, 2023	2023 (Q3)	0.12 / 0.18	0.252	-30.51% (-0.08)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:0FF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 12, 2025	€11.30	€11.76	+4.04%
Aug 13, 2025	€9.96	€10.25	+2.90%
May 07, 2025	€8.64	€8.50	-1.68%
Feb 12, 2025	€9.52	€9.56	+0.47%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does 2020 Bulkers Ltd. (DE:0FF) report earnings?

2020 Bulkers Ltd. (DE:0FF) is schdueled to report earning on Feb 11, 2026, Before Open (Confirmed).

What is 2020 Bulkers Ltd. (DE:0FF) earnings time?

2020 Bulkers Ltd. (DE:0FF) earnings time is at Feb 11, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of 2020 Bulkers Ltd. stock?

The P/E ratio of 2020 Bulkers is N/A.

What is DE:0FF EPS forecast?

DE:0FF EPS forecast for the fiscal quarter 2025 (Q4) is 0.38.