Education
About Us
Working with TipRanks
Follow Us
EuroDry Ltd (EDRY)
NASDAQ:EDRY
Earnings Data
Report Date
May 20, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.42Last Year’s EPS
-2.07Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted a strong operational turnaround in Q4 2025 with meaningful margin expansion (Q4 adjusted EBITDA up >300%), improved quarterly revenues and profitability, full utilization, enhanced liquidity and clear fleet renewal plans. These positives are tempered by a full-year revenue decline, continued adjusted full-year losses, a sizeable debt load with upcoming repayments, higher operating costs and ongoing freight market volatility and geopolitical risk. Overall the company appears to have strengthened its near-term financial position and demonstrated quarter-over-quarter improvement, but remains exposed to market cyclicality and refinancing risk.Company Guidance
Strong Q4 Revenue and Profitability
Q4 2025 net revenues of $17.4M, up 19.9% YoY (Q4 2024: $14.5M). Net income attributable to controlling shareholders of $3.2M (EPS $1.14); adjusted net income $2.4M (adjusted EPS $0.87).
Material Q4 Margin Improvement and Adjusted EBITDA Surge
Adjusted EBITDA for Q4 2025 was $7.55M versus $1.85M in Q4 2024 — an increase of more than 300%.
Full-Year Adjusted EBITDA Growth
Adjusted EBITDA for full-year 2025 was $12.55M, up 33% vs $9.4M in 2024, reflecting improved profitability despite lower full-year revenues.
Fleet Utilization and Earnings Upside in Q4
Commercial utilization 100% and operational utilization 99.6% in Q4 2025. Average vessels operated in Q4: 11.2 with an average TCE of $16,260/day vs $12,201/day in Q4 2024 (≈+33%). No idle or commercial off-hire periods in the quarter.
Balance Sheet and Liquidity Strengthening
Cash and other assets ~$31.8M and advances for newbuildings $14.4M. Sale of MV Eirini P for $8.5M generated ~ $0.7M gain; refinancing and pre-delivery funding improved liquidity and balance sheet robustness.
Share Repurchase Activity
Since program inception, repurchased 334,000 shares for $5.3M under an authorized up-to-$10M buyback program, indicating disciplined capital allocation and share-support actions.
Fleet Growth Pipeline and Modernization
Current fleet of 11 vessels (avg age ~14 years, ~765k dwt). Two Ultramax newbuilds (each 63,500 dwt) scheduled for delivery in H2 2027, expanding fleet to 13 vessels (~893k dwt) and supporting renewal strategy.
Favorable Asset Valuations and NAV Upside
Company estimates market value of fleet ~$214M vs book value $166M (≈+$48M uplift). Reported net book value per share $31.8; estimated NAV per share > $48 vs recent trading around $17, highlighting potential valuation upside.
EDRY 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
EDRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $16.90 | $18.50 | +9.47% |
Nov 13, 2025 | $13.50 | $13.22 | -2.07% |
Aug 11, 2025 | $10.10 | $10.67 | +5.64% |
Jun 05, 2025 | $8.76 | $8.28 | -5.48% |
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 EuroDry Ltd (EDRY) report earnings?
EuroDry Ltd (EDRY) is schdueled to report earning on May 20, 2026, After Close (Confirmed).
What is EuroDry Ltd (EDRY) earnings time?
EuroDry Ltd (EDRY) earnings time is at May 20, 2026, After Close (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 EDRY EPS forecast?
EDRY EPS forecast for the fiscal quarter 2026 (Q1) is 0.42.