Earnings Outlook For EuroDry
Portfolio Pulse from Benzinga Insights
EuroDry (NASDAQ:EDRY) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.95. The company's past performance shows a trend of share price increase following earnings reports, even when EPS estimates were missed. The stock is currently trading at $14.97 and has seen a 0.5% increase over the last 52-week period.
November 07, 2023 | 7:01 pm
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EuroDry is expected to report an EPS of $-0.95 in its upcoming earnings. Despite missing EPS estimates in the past, the company's share price has generally increased post-earnings. The stock is currently trading at $14.97 and has seen a 0.5% increase over the last 52 weeks.
The upcoming earnings report is highly relevant to EuroDry's stock. While the estimated EPS is negative, the company's history of share price increase post-earnings suggests that the market may react positively regardless of whether the estimate is met. However, the actual impact will depend on the reported earnings and any guidance provided by the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100