The earnings call highlighted a positive rebound in the Capesize market and improvements in financial performance, supported by strategic fleet expansion and favorable market trends. However, there were challenges with year-over-year revenue decline and disruptions due to dry dockings.

Company Guidance

During the Seanergy Maritime Holdings Corp. conference call discussing the financial results for the second quarter and first half of 2025, several key metrics and projections were highlighted. The company reported a net income of $2.9 million on net revenues of $37.5 million, marking a significant improvement from the previous quarter. The Baltic Capesize Index averaged $18,700, up from $13,000 in the first quarter, reflecting a rebound in the Capesize market. The fleet's average time charter equivalent was $19,800 per day for the second quarter and $16,700 per day for the first half of the year, surpassing the Baltic Capesize Index by 6%. The company closed the quarter with 21 Capesize vessels and has successfully executed financing transactions totaling approximately $110.6 million, ensuring financial flexibility. Seanergy declared a discretionary cash dividend of $0.05 per share and highlighted a capital return strategy that has distributed approximately $89 million to shareholders since Q4 2021. Looking ahead, about 52% of Seanergy's operating days for the third quarter are fixed at a gross rate of $22,400 per day, with an anticipated time charter equivalent of approximately $23,100 per day for the whole quarter. The company remains optimistic about the Capesize market, driven by increased shipments of iron ore and bauxite from the Atlantic Basin and a historically low Capesize order book.

Rebound in Capesize Market

The Baltic Capesize Index averaged $18,700 in Q2, up from $13,000 in Q1, indicating market resilience.

Improved Financial Performance

Seanergy recorded a net income of $2.9 million on revenues of $37.5 million, a significant improvement from Q1.

Fleet Expansion and Financial Flexibility

Seanergy expanded its fleet with two new vessels and completed $110.6 million in financing, enhancing financial flexibility.

Dividend Declaration

A discretionary cash dividend of $0.05 per share was declared, consistent with the previous quarter.

Positive Demand Trends

A 6% increase in shipments from the Atlantic Basin, with notable growth in bauxite and iron ore exports.

Seanergy Maritime (SHIP) 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 >

SHIP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 19, 2025	2025 (Q3)	0.45 / -	0.69	―	―	―
Aug 05, 2025	2025 (Q2)	0.13 / 0.18	0.77	-76.62% (-0.59)	―
May 27, 2025	2025 (Q1)	-0.45 / -0.27	0.57	-147.37% (-0.84)	―
Mar 06, 2025	2024 (Q4)	0.26 / 0.34	0.58	-41.38% (-0.24)
Nov 05, 2024	2024 (Q3)	0.63 / 0.69	-0.14	592.86% (+0.83)	―
Aug 06, 2024	2024 (Q2)	0.62 / 0.77	0.18	327.78% (+0.59)
May 15, 2024	2024 (Q1)	0.29 / 0.57	-0.02	2950.00% (+0.59)	―
Mar 15, 2024	2023 (Q4)	0.35 / 0.58	0.05	1060.00% (+0.53)
Nov 14, 2023	2023 (Q3)	-0.24 / -0.14	0.4	-135.00% (-0.54)	―
Aug 02, 2023	2023 (Q2)	0.02 / 0.18	0.4	-55.00% (-0.22)

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

SHIP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$6.95	$7.28	+4.75%
May 27, 2025	$5.97	$6.26	+4.86%
Mar 06, 2025	$6.75	$6.91	+2.37%
Nov 05, 2024	$8.74	$9.23	+5.61%

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 Seanergy Maritime (SHIP) report earnings?

Seanergy Maritime (SHIP) is schdueled to report earning on Nov 19, 2025, After Close (Confirmed).

What is Seanergy Maritime (SHIP) earnings time?

Seanergy Maritime (SHIP) earnings time is at Nov 19, 2025, 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 SHIP EPS forecast?

SHIP EPS forecast for the fiscal quarter 2025 (Q3) is 0.45.

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