Dry bulk bull Noble Capital curbs its enthusiasm ahead of earnings season

‘Buy’ ratings still abound, but bank now expects lower earnings for third quarter and full 2022

Noble Capital shipping analyst Michael Heim (centre) has taken down his numbers for dry bulk names for the third quarter. He is pictured at Noble's annual investor conference with Genco Shipping CFO Apostolos Zafolias and vice president Peter Allen.
Noble Capital shipping analyst Michael Heim (centre) has taken down his numbers for dry bulk names for the third quarter. He is pictured at Noble's annual investor conference with Genco Shipping CFO Apostolos Zafolias and vice president Peter Allen.Photo: Joe Brady
Published 21 October 2022, 15:41Updated 21 October 2022, 15:41
Noble CapitalPangaea Logistics SolutionsMichael Heim