The earnings call reflected a positive sentiment with significant improvements in financial performance, strategic vessel sales, and dividend declarations. While there were challenges such as a revenue decline from the previous year and a net loss in the first half, the company's proactive strategies and market recovery indicate a strong potential for future growth.

Company Guidance -

Q3 2025

During the United Maritime Corporation's conference call on August 6, 2025, guidance for the third quarter of the year was provided, with 68% of operating days fixed at a Time Charter Equivalent (TCE) of $15,500 per day. The company projected a total third-quarter TCE of approximately $14,700, assuming current Forward Freight Agreement (FFA) rates for the remainder of the quarter. The guidance included details about vessels, such as one Kamsarmax vessel earning a fixed daily rate of $15,700, one Capesize vessel earning $22,000 per day on a gross basis, two vessels on short-term employment concluding within August, and three vessels trading purely on index-linked charters until year-end. For the fourth quarter, all vessels are expected to be employed under index-linked daily earnings, offering full exposure to anticipated improvements in the dry bulk market.

Improved Financial Performance

Net revenues for Q2 were $12.5 million with an EBITDA of $5.9 million and net income of $1 million, marking a significant improvement from the first quarter.

Strategic Vessel Sales

Sale of two older Capesize vessels, generating approximately $17.9 million in net liquidity and an anticipated book profit of $1.5 million from the Tradership sale in Q3.

Dividend Declaration

Declared a $0.03 per share cash dividend for Q2, adding to a consistent record of more than $1.6 per share cash dividend payment since 2023.

Offshore Newbuilding Investment

Increased ownership stake in a newbuilding energy construction vessel, bringing total investment to approximately $10.4 million, signaling confidence in commercial prospects.

Recovery in Dry Bulk Market

Noted recovery in dry bulk market with significant increases in Baltic Kamsarmax and Capesize Index rates from Q1 to Q2 2025.

Operational Efficiency

Reductions in daily operating expenses per vessel to $6,300 and lowered total G&A despite inflationary pressures.

United Maritime Corp. (USEA) 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 >

USEA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2025 (Q3)	-0.15 / -	-0.03	―	―	―
Aug 06, 2025	2025 (Q2)	-0.14 / 0.02	0.09	-77.78% (-0.07)	―
May 22, 2025	2025 (Q1)	-0.53 / -0.50	-0.15	-233.33% (-0.35)	―	―
Mar 18, 2025	2024 (Q4)	-0.41 / -0.08	-0.083	3.61% (<+0.01)	―
Nov 26, 2024	2024 (Q3)	-0.12 / -0.03	0.997	-103.01% (-1.03)	―	―
Aug 06, 2024	2024 (Q2)	0.17 / 0.09	-0.342	126.32% (+0.43)	―
May 16, 2024	2024 (Q1)	- / -0.15	-0.637	75.82% (+0.48)	―	―
Feb 20, 2024	2023 (Q4)	- / -0.08	4.86	-101.71% (-4.94)	―	―
Nov 15, 2023	2023 (Q3)	- / 1.00	-0.052	2017.31% (+1.05)	―	―
Aug 03, 2023	2023 (Q2)	- / -0.34	-0.052	-557.69% (-0.29)	―	―

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

USEA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$1.54	$1.55	+0.65%
May 22, 2025	$1.28	$1.25	-2.34%
Mar 18, 2025	$1.82	$1.59	-12.64%
Nov 26, 2024	$1.94	$1.85	-4.64%

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 United Maritime Corp. (USEA) report earnings?

United Maritime Corp. (USEA) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).

What is United Maritime Corp. (USEA) earnings time?

United Maritime Corp. (USEA) earnings time is at Nov 12, 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 USEA EPS forecast?

USEA EPS forecast for the fiscal quarter 2025 (Q3) is -0.15.

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