EuroDry: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
EuroDry (NASDAQ:EDRY) reported Q4 earnings with an EPS of $0.7, surpassing the estimate of $0.32 by 118.75%. Revenue increased by $782 thousand from the previous year. The company had previously beaten EPS estimates last quarter, leading to a 1.28% share price increase the following day.
February 15, 2024 | 9:20 pm
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EuroDry reported a significant beat on Q4 earnings with an EPS of $0.7 against an estimate of $0.32, and a revenue increase from the previous year.
The substantial beat on earnings estimates and the positive revenue growth indicate strong financial health and operational efficiency. Historically, beating earnings estimates has led to a positive short-term price movement for EuroDry, as seen in the last quarter.
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