Streetbeat News

EDRY

EuroDry Ltd.

https://www.eurodry.gr

Industry

Marine Shipping

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2022, it operated a fleet of ten drybulk carriers comprising five Panamax drybulk carriers, two Ultramax drybulk carrier, two Kamsarmax carriers, and one Supramax drybulk carrier with a cargo capacity of 726,555 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

EuroDry (NASDAQ:EDRY) reported Q2 2024 adjusted EPS of $(0.17), missing the analyst estimate of $0.52 by 132.69%. Sales were $17.437M, missing the $18.145M estimate by 3.90%. Despite the misses, EPS improved by 64.58% and sales increased by 68.60% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:31 pm

The article highlights the intraday movements of 12 industrial stocks on Monday. Notable gainers include Silynxcom (SYNX), Castor Maritime (CTRM), and Alpha Pro Tech (APT), while significant losers include iPower (IPW), Lichen China (LICN), and Nuvve Holding (NVVE).

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 4:31 pm

EuroDry (NASDAQ:EDRY) reported a significant quarterly loss of $(1.18) per share, missing the analyst consensus estimate of $(0.34) by a wide margin. The company's sales also fell short of expectations, coming in at $14.42 million compared to the $14.72 million estimate. Despite the misses, sales increased by 27.18% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:39 pm

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.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 9:20 pm

EuroDry (NASDAQ:EDRY) reported Q4 2023 adjusted EPS of $0.70, surpassing the $0.32 estimate, and sales of $15.90M, exceeding the $14.17M estimate. This represents a 40.68% decrease in EPS and a 5.17% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:16 pm

Numerous companies are scheduled to report their earnings on February 15, 2024, covering a wide range of industries from technology to energy, and including both earnings and losses. Key companies reporting include Cognex, Cenovus Energy, Wendy's, Agios Pharmaceuticals, Appian, and many others, with expectations of both profits and losses.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 10:17 am

EuroDry (NASDAQ:EDRY) is scheduled to release its quarterly earnings report on February 15, 2024, with an estimated EPS of $0.32. Historical data shows positive stock price movements following earnings beats. Shares have increased by 25.13% over the last 52 weeks, indicating a positive trend for long-term shareholders. Investors are advised to watch for the company's performance against the EPS estimate and any forward-looking guidance provided.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 9:01 pm

Alliance Global Partners analyst Poe Fratt has initiated coverage on EuroDry Ltd. (NASDAQ:EDRY) with a Buy rating and set a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:21 pm

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.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 7:01 pm

EuroDry has announced the delivery of M/V Maria, an eco ultramax drybulk carrier. The company has also arranged a sustainability-linked loan of $11M with Eurobank to partly finance the acquisition.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 2:29 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.