Noble Financial Reaffirms Their Buy Rating on Euroseas (ESEA)We have lowered our 2025 net revenue, adjusted EBITDA, and EPS estimates to $229.2 million, $156.1 million, and $16.66, respectively, from $231.6 million, $159.1 million, and $16.68. While our fourth quarter net revenue estimate is unchanged, our estimates reflect lower vessel depreciation of $6.4 million compared to our prior estimate of $7.1 million. We forecast 2026 net revenue of $230.0 million, adjusted EBITDA of $162.1 million, and EPS of $17.49.