Euroseas (ESEA) Earnings Dates, Call Summary & Reports

Compare

601 Followers

Earnings Data

Report Date

May 27, 2026

Before Open (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

4.38

Last Year’s EPS

5.29

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 1 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 25, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented strong operational and financial performance: revenue and adjusted EBITDA growth, near‑100% utilization, high forward coverage for 2026–2028, increased dividend and ongoing buybacks, and a strong liquidity position with apparent NAV upside. Key risks were clearly disclosed: the potential for market softening in 2027–2028 as pandemic-era newbuilding deliveries accelerate, an aging smaller-vessel fleet that could lead to volatility in scrapping and replacement decisions, higher OpEx (partly FX-driven), and upcoming financing needs and balloon repayments to fund newbuilds. On balance, the positive operational momentum, cash generation, and visibility into contracted revenue materially outweigh the near‑term and medium‑term risks discussed.

Company Guidance

Management guided to strong near-term revenue visibility and capital flexibility, citing contract coverage of ~87% for 2026 at an average contracted rate of ~$30,700/day, ~71% for 2027 at ~$31,890/day and ~41% for 2028 at ~$32,400/day, with fleet utilization near 100% and 2025 average TCEs of ~$30,268/day (annual avg ~$29,107/day). Key 2025 metrics: full-year net revenues $227.9M (up 7% YoY), net income ~$137M, adjusted EBITDA $155.9M (up 15%), basic/diluted EPS ~$19.73/$19.72 and adjusted EPS ~$16.75/$16.74; quarter/period highlights included total net revenues $57.4M, adjusted EBITDA $40.7M and a $9.2M gain on sale. Balance sheet and liquidity: cash and current assets €188.7M, newbuilding advances ~$35.9M, fleet book value $465M, total assets ~$700M, bank debt ~$218.4M at ~2% margin (assumed total cost ~5.7% with 3.7% SOFR), scheduled repayments $19.5M (2026), $36.8M (2027 incl. €20M balloon), $12M (2028) and $33.8M (2029–30 incl. $26.4M balloon), plus estimated newbuild financing of $140–150M. Capital allocation and shareholder returns: quarterly dividend raised 7% to $0.75/share (annualized $3.00; ~5% yield), share repurchases of 480,000 shares (~6.8% of shares) for ~$11.4M under a 20,000,000-share program, and a portfolio of 21 owned vessels (avg age 13.1 yrs) expanding to 25 vessels and ~80,000 TEU when four 4,484-TEU newbuilds (adding ~18,000 TEU) are delivered; management reiterated breakeven and risk buffers with cash‑flow breakevens of ~$13,009/day (2025) and ~$12,200/day (next 12 months) and an estimated NAV of ~$93.70/share vs last close $62.40 (~33% discount).

Quarterly Revenue and Adjusted EBITDA Growth

Q4 2025 net revenues of $57.4M, up 7.7% year-over-year (from $53.3M). Q4 adjusted EBITDA of $40.7M, up 24% year-over-year (from $32.8M). Adjusted net income for the quarter was $1.3M (adjusted EPS $4.48 diluted).

Full-Year Revenue, EBITDA and Net Income Improvement

Full-year 2025 net revenues of $227.9M, up 7% year-over-year (from $212.9M). Full-year adjusted EBITDA of $155.9M, up 15% year-over-year (from $135.8M). Reported net income for 2025 of $137.0M versus $112.8M in 2024 (≈+21.5%). Full-year diluted EPS rose to $19.72 from $16.20 (≈+21.7%).

Strong Fleet Utilization and Forward Coverage

Utilization near 100% across periods. High forward coverage providing revenue visibility: ~87% of available voyage days fixed for 2026 at an average contracted rate of ~$30,700/day; ~71% fixed for 2027 at ~$31,900/day; ~41% fixed for 2028 at ~$32,400/day.

Dividend Increase and Share Repurchase Activity

Board increased quarterly dividend by 7% to $0.75 per share for 2025 (annualized $3.00, ~5% yield based on current share price). Since May 2022 repurchased 480,000 shares for ≈$11.4M under a 20,000,000 share program (reported as ~6.8% of outstanding shares).

Asset Disposals and Gains on Sales

Completed sale and delivery of MV Marcus V generating a gain on sale of $9.2M. Full-year gains on sale of vessels totaled $19.4M in 2025 (versus $5.7M in 2024).

Orderbook / Newbuild Deliveries Secured and Fleet Growth Plan

Four intermediate 4,484 TEU newbuilds under construction (two deliveries in 2027, two in 2028) adding ~18,000 TEU; fully delivered fleet to grow to 25 vessels with ~80,000 TEU. Company intends disciplined capital deployment and is focused on accretive newbuilding opportunities.

Strong Balance Sheet Liquidity and NAV Upside

Cash and current assets of €188.7M and $35.9M advances for newbuilds. Fleet book value $465M; total assets ≈$700M; debt ≈$218.6M; shareholders' book equity ≈$463M. Management estimates fleet market value ≈$664M and charter-adjusted NAV ≈$93.70/share vs last close $62.40 (~33% discount).

Market and Asset Value Strength

One-year time charter for a 5,000 TEU vessel at $36,000/day (02/20/2026), well above ten-year averages. Newbuilding and 10-year secondhand asset values remain materially higher than historical medians (newbuild ≈$43M; ten-year-old secondhand ≈$37.5M).

Euroseas (ESEA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ESEA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 27, 2026	2026 (Q1)	4.38 / -	5.29	―	―	―
Feb 25, 2026	2025 (Q4)	5.57 / 5.79	2.838	104.02% (+2.95)
Nov 18, 2025	2025 (Q3)	4.18 / 4.25	3.212	32.32% (+1.04)
Aug 13, 2025	2025 (Q2)	3.61 / 4.29	4.749	-9.67% (-0.46)
Jun 18, 2025	2025 (Q1)	3.87 / 5.29	2.334	126.65% (+2.96)
Feb 27, 2025	2024 (Q4)	2.69 / 2.84	2.895	-1.97% (-0.06)
Nov 20, 2024	2024 (Q3)	2.89 / 3.21	3.782	-15.07% (-0.57)
Aug 06, 2024	2024 (Q2)	2.54 / 4.75	3.375	40.71% (+1.37)
May 23, 2024	2024 (Q1)	2.32 / 2.33	3.334	-29.99% (-1.00)
Feb 21, 2024	2023 (Q4)	2.81 / 2.90	2.334	24.04% (+0.56)

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

ESEA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 25, 2026	$62.42	$62.99	+0.91%
Nov 18, 2025	$60.85	$55.12	-9.41%
Aug 13, 2025	$50.19	$55.21	+10.00%
Jun 18, 2025	$43.46	$44.10	+1.47%

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 (ESEA) report earnings?

Euroseas Ltd (ESEA) is schdueled to report earning on May 27, 2026, Before Open (Confirmed).

What is Euroseas Ltd (ESEA) earnings time?

Euroseas Ltd (ESEA) earnings time is at May 27, 2026, 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 ESEA EPS forecast?

ESEA EPS forecast for the fiscal quarter 2026 (Q1) is 4.38.