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Euroseas Ltd (DE:2LE1)
:2LE1
Earnings Data
Report Date
Aug 06, 2025Before Open (Confirmed)
Period Ending
2025 (Q2)Consensus EPS Forecast
2.92Last Year’s EPS
4.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Euroseas reported strong financial performance with increased revenues and net income, a successful vessel sale agreement, and high charter rate coverage. However, operational challenges, macroeconomic uncertainties, and potential downward pressure on charter rates were noted as significant concerns.Company Guidance -
Q2 2025
Strong Financial Performance
For the first quarter of 2025, Euroseas reported total net revenues of $56.3 million, a 20.6% increase over the previous year's $46.7 million. Net income for the period was $36.9 million, up from $20 million in the first quarter of 2024.
Successful Vessel Sale Agreement
Euroseas signed an agreement to sell the Motor/Vessel Marcos V for $50 million, expecting a gain exceeding $8.5 million upon completion of the sale in October 2025.
High Charter Rate Coverage
For 2025, approximately 97% of available days were secured at an average rate of $28,250 per day, with 67% of 2026 days covered at $31,600 per day.
Dividend and Share Repurchase
The company declared a quarterly dividend of $0.65 per share and repurchased 463,000 shares for approximately $10.5 million under its share repurchase plan.
Spinoff of Euroholdings
Successfully completed the spinoff of Euroholdings, allowing Euroseas to focus on its younger, more efficient fleet.
DE:2LE1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:2LE1 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 18, 2025 | €37.68 | €38.47 | +2.09% |
Feb 27, 2025 | €24.83 | €25.46 | +2.53% |
Nov 20, 2024 | €30.95 | €29.41 | -5.00% |
Aug 06, 2024 | €23.64 | €25.32 | +7.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Euroseas Ltd (DE:2LE1) report earnings?
Euroseas Ltd (DE:2LE1) is schdueled to report earning on Aug 06, 2025, Before Open (Confirmed).
What is Euroseas Ltd (DE:2LE1) earnings time?
Euroseas Ltd (DE:2LE1) earnings time is at Aug 06, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Euroseas Ltd stock?
The P/E ratio of Euroseas is N/A.
What is DE:2LE1 EPS forecast?
DE:2LE1 EPS forecast for the fiscal quarter 2025 (Q2) is 2.92.