EuroDry Ltd reports results for the quarter ended in December - Earnings Summary

EuroDry

10/02/2022 04:41

* EuroDry Ltd  EDRY.OQ  reported quarterly adjusted earnings
of
$5.32​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
$4.46 per share.
    * Revenue rose 248.1% to $22.32 million from a year ago; 
analysts
expected $22.10 million. 
    * EuroDry Ltd's reported EPS for the quarter was $5.32​.
    * The mean earnings estimate of analysts had fallen by
about 9.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * EuroDry Ltd shares had risen by 26.6% this quarter.
    * The company reported quarterly net income of $15.22
million.
    * Wall Street's median 12-month price target for EuroDry Ltd
is
$45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 10 at 04:41 a.m.
 ​All figures in US dollars unless otherwise stated