Earnings Outlook For EuroDry

EuroDry EDRY will release its quarterly earnings report on Tuesday, 2024-11-19. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate EuroDry to report an earnings per share (EPS) of $1.35.

Anticipation surrounds EuroDry's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

Last quarter the company missed EPS by $0.71, which was followed by a 0.69% drop in the share price the next day.

Here's a look at EuroDry's past performance and the resulting price change:

Market Performance of EuroDry's Stock

Shares of EuroDry were trading at $15.49 as of November 15. Over the last 52-week period, shares are down 8.3%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for EuroDry visit their earnings calendar on our site.

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