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Recap: EuroDry Q3 Earnings

Author: Benzinga Insights | November 08, 2023 10:25am

EuroDry (NASDAQ:EDRY) reported its Q3 earnings results on Wednesday, November 8, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

EuroDry beat estimated earnings by 74.74%, reporting an EPS of $-0.24 versus an estimate of $-0.95.

Revenue was down $5.80 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.02 which was followed by a 1.48% increase in the share price the next day.

Here's a look at EuroDry's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.54 -0.28 2.68 1.90
EPS Actual -0.48 0.14 1.18 1.93
Revenue Estimate 13.87M 14.50M 21.20M 17.90M
Revenue Actual 10.34M 11.34M 15.12M 15.81M

To track all earnings releases for EuroDry visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EDRY

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