Reported Earnings • May 22
First quarter 2026 earnings released: EPS: US$0.092 (vs US$1.35 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.092 (up from US$1.35 loss in 1Q 2025). Revenue: US$12.8m (up 39% from 1Q 2025). Net income: US$256.4k (up US$3.96m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.03x net interest cover). Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (€52.7m market cap, or US$61.2m). Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Georgios Taniskidis was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 18
EuroDry Ltd. to Report Q1, 2026 Results on May 20, 2026 EuroDry Ltd. announced that they will report Q1, 2026 results Pre-Market on May 20, 2026 Announcement • Feb 18
EuroDry Ltd. to Report Q4, 2025 Results on Feb 19, 2026 EuroDry Ltd. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Announcement • Nov 11
EuroDry Ltd. to Report Q3, 2025 Results on Nov 13, 2025 EuroDry Ltd. announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025 Announcement • Aug 06
EuroDry Ltd. to Report Q2, 2025 Results on Aug 11, 2025 EuroDry Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 11, 2025 Announcement • Jul 06
EuroDry Ltd., Annual General Meeting, Jul 23, 2025 EuroDry Ltd., Annual General Meeting, Jul 23, 2025. Location: offices of seward & kissel llp, 901 k street nw, suite 800, washington dc 20001, United States Announcement • Jun 03
EuroDry Ltd. to Report Q1, 2025 Results on Jun 05, 2025 EuroDry Ltd. announced that they will report Q1, 2025 results Pre-Market on Jun 05, 2025 Announcement • May 01
EuroDry Ltd. announced delayed 20-F filing On 04/30/2025, EuroDry Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Feb 20
EuroDry Ltd. to Report Q4, 2024 Results on Feb 24, 2025 EuroDry Ltd. announced that they will report Q4, 2024 results Pre-Market on Feb 24, 2025 Announcement • Nov 14
EuroDry Ltd. to Report Q3, 2024 Results on Nov 19, 2024 EuroDry Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 19, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.15 loss per share (vs US$0.43 loss in 2Q 2023) Second quarter 2024 results: US$0.15 loss per share (improved from US$0.43 loss in 2Q 2023). Revenue: US$17.4m (up 69% from 2Q 2023). Net loss: US$411.3k (loss narrowed 65% from 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Aug 06
EuroDry Ltd. to Report Q2, 2024 Results on Aug 08, 2024 EuroDry Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 Announcement • Jun 24
EuroDry Ltd., Annual General Meeting, Jul 16, 2024 EuroDry Ltd., Annual General Meeting, Jul 16, 2024. Location: offices of seward & kissel llp, 901 k street nw, suite 800, washington, dc 20001, United States Announcement • May 19
EuroDry Ltd. to Report Q1, 2024 Results on May 21, 2024 EuroDry Ltd. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on May 21, 2024 New Risk • May 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Market cap is less than US$100m (€56.5m market cap, or US$61.1m). Reported Earnings • Apr 30
Full year 2023 earnings released: US$1.05 loss per share (vs US$11.66 profit in FY 2022) Full year 2023 results: US$1.05 loss per share (down from US$11.66 profit in FY 2022). Revenue: US$47.6m (down 32% from FY 2022). Net loss: US$2.91m (down 109% from profit in FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. New Risk • Feb 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.2x net interest cover). Minor Risk Market cap is less than US$100m (€55.4m market cap, or US$59.7m). Announcement • Feb 14
EuroDry Ltd. to Report Q4, 2023 Results on Feb 15, 2024 EuroDry Ltd. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024 Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €18.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 300% over the past three years. Reported Earnings • Nov 10
Third quarter 2023 earnings released: US$0.19 loss per share (vs US$2.11 profit in 3Q 2022) Third quarter 2023 results: US$0.19 loss per share (down from US$2.11 profit in 3Q 2022). Revenue: US$10.0m (down 37% from 3Q 2022). Net loss: US$532.0k (down 109% from profit in 3Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 4.7% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 42% per year. Announcement • Nov 02
EuroDry Ltd. to Report Q3, 2023 Results on Nov 08, 2023 EuroDry Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 New Risk • Aug 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (€36.7m market cap, or US$40.2m). Reported Earnings • Aug 09
Second quarter 2023 earnings released: US$0.43 loss per share (vs US$3.66 profit in 2Q 2022) Second quarter 2023 results: US$0.43 loss per share (down from US$3.66 profit in 2Q 2022). Revenue: US$10.3m (down 51% from 2Q 2022). Net loss: US$1.18m (down 111% from profit in 2Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 7.5% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
EuroDry Ltd. to Report Q2, 2023 Results on Aug 08, 2023 EuroDry Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 08, 2023 Announcement • Jun 01
EuroDry Ltd., Annual General Meeting, Jun 23, 2023 EuroDry Ltd., Annual General Meeting, Jun 23, 2023, at 11:30 US Eastern Standard Time. Location: One Battery Park Plaza, Ground Floor, New York United States Announcement • May 11
EuroDry Ltd. to Report Q1, 2023 Results on May 15, 2023 EuroDry Ltd. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on May 15, 2023 Reported Earnings • Apr 27
Full year 2022 earnings released: EPS: US$11.66 (vs US$11.63 in FY 2021) Full year 2022 results: EPS: US$11.66 (up from US$11.63 in FY 2021). Revenue: US$70.2m (up 8.9% from FY 2021). Net income: US$33.5m (up 14% from FY 2021). Profit margin: 48% (up from 46% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 9.4% p.a. on average during the next 2 years compared to a 8.7% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: US$11.66 (vs US$11.63 in FY 2021) Full year 2022 results: EPS: US$11.66 (up from US$11.63 in FY 2021). Revenue: US$70.2m (up 8.9% from FY 2021). Net income: US$33.5m (up 14% from FY 2021). Profit margin: 48% (up from 46% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 9.4% p.a. on average during the next 2 years compared to a 11% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Feb 08
EuroDry Ltd. to Report Q4, 2022 Results on Feb 13, 2023 EuroDry Ltd. announced that they will report Q4, 2022 results Pre-Market on Feb 13, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: US$2.11 (vs US$4.48 in 3Q 2021) Third quarter 2022 results: EPS: US$2.11 (down from US$4.48 in 3Q 2021). Revenue: US$15.8m (down 19% from 3Q 2021). Net income: US$6.16m (down 48% from 3Q 2021). Profit margin: 39% (down from 61% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is expected to fall by 8.3% p.a. on average during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director George Taniskidis was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
EuroDry Ltd. to Report Q3, 2022 Results on Nov 10, 2022 EuroDry Ltd. announced that they will report Q3, 2022 results After-Market on Nov 10, 2022 Reported Earnings • Oct 07
Second quarter 2022 earnings released: EPS: US$3.66 (vs US$0.83 in 2Q 2021) Second quarter 2022 results: EPS: US$3.66 (up from US$0.83 in 2Q 2021). Revenue: US$21.0m (up 49% from 2Q 2021). Net income: US$10.6m (up 445% from 2Q 2021). Profit margin: 51% (up from 14% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to fall by 8.2% p.a. on average during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: US$3.66 (vs US$0.83 in 2Q 2021) Second quarter 2022 results: EPS: US$3.66 (up from US$0.83 in 2Q 2021). Revenue: US$21.0m (up 49% from 2Q 2021). Net income: US$10.6m (up 445% from 2Q 2021). Profit margin: 51% (up from 14% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 2.2%, compared to a 4.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Announcement • Aug 10
EuroDry Ltd. (NasdaqCM:EDRY) announces an Equity Buyback for $10 million worth of its shares. EuroDry Ltd. (NasdaqCM:EDRY) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will be valid for a period of 12 months. Announcement • Aug 03
EuroDry Ltd. to Report Q2, 2022 Results on Aug 08, 2022 EuroDry Ltd. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2022 Announcement • Jul 01
EuroDry Ltd., Annual General Meeting, Jul 22, 2022 EuroDry Ltd., Annual General Meeting, Jul 22, 2022, at 11:00 US Eastern Standard Time. Location: at the offices of Seward & Kissel LLP, 901 K Street NW, Suite 800, Washington District Of Columbia United States Agenda: To elect two Class B Directors to serve for a term of three years until the Company's 2025 Annual Meeting of Shareholders; to approve the appointment of Deloitte Certified Public Accountants, S.A. as the Company's independent auditors for the fiscal year ending December 31, 2022; and to transact other such business as may properly come before the meeting or any adjournment thereof. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €25.40, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 285% over the past three years. Reported Earnings • May 22
First quarter 2022 earnings released: EPS: US$3.69 (vs US$0.19 in 1Q 2021) First quarter 2022 results: EPS: US$3.69 (up from US$0.19 in 1Q 2021). Revenue: US$18.3m (up 113% from 1Q 2021). Net income: US$10.5m (up US$10.0m from 1Q 2021). Profit margin: 57% (up from 5.2% in 1Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 5.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 16% share price gain to €34.20, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 413% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director George Taniskidis was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improved over the past week After last week's 51% share price gain to €41.20, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 519% over the past three years. Reported Earnings • Apr 18
Full year 2021 earnings released: EPS: US$11.63 (vs US$3.28 loss in FY 2020) Full year 2021 results: EPS: US$11.63 (up from US$3.28 loss in FY 2020). Revenue: US$64.4m (up 189% from FY 2020). Net income: US$29.4m (up US$36.9m from FY 2020). Profit margin: 46% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 35%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €22.60, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 234% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 25% share price gain to €25.60, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 279% over the past three years. Reported Earnings • Feb 13
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$11.63 (up from US$3.28 loss in FY 2020). Revenue: US$64.4m (up 189% from FY 2020). Net income: US$29.4m (up US$36.9m from FY 2020). Profit margin: 46% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 29%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • Feb 05
EuroDry Ltd. to Report Q4, 2021 Results on Feb 09, 2022 EuroDry Ltd. announced that they will report Q4, 2021 results After-Market on Feb 09, 2022 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 16% share price gain to €18.00, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 175% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €15.80, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 109% over the past three years. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS US$4.48 (vs US$0.057 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$19.5m (up 186% from 3Q 2020). Net income: US$11.8m (up US$11.7m from 3Q 2020). Profit margin: 61% (up from 1.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €21.40, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 158% over the past three years. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €22.80, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 164% over the past three years. Reported Earnings • Oct 06
Second quarter 2021 earnings released: EPS US$0.83 (vs US$1.86 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$14.1m (up 251% from 2Q 2020). Net income: US$1.95m (up US$6.17m from 2Q 2020). Profit margin: 14% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS US$0.83 (vs US$1.86 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$14.1m (up 251% from 2Q 2020). Net income: US$1.95m (up US$6.17m from 2Q 2020). Profit margin: 14% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Reported Earnings • May 23
First quarter 2021 earnings released: EPS US$0.19 (vs US$1.17 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$8.57m (up 69% from 1Q 2020). Net income: US$445.0k (up US$3.09m from 1Q 2020). Profit margin: 5.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Reported Earnings • Apr 27
Full year 2020 earnings released: US$3.28 loss per share (vs US$0.85 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$22.3m (down 18% from FY 2019). Net loss: US$7.45m (loss widened 289% from FY 2019). Reported Earnings • Feb 18
Full year 2020 earnings released: US$3.28 loss per share (vs US$0.85 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$22.3m (down 18% from FY 2019). Net loss: US$7.45m (loss widened 289% from FY 2019). Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 47%, compared to a 14% growth forecast for the Shipping industry in Germany. Announcement • Feb 12
EuroDry Ltd. to Report Q4, 2020 Results on Feb 16, 2021 EuroDry Ltd. announced that they will report Q4, 2020 results After-Market on Feb 16, 2021 Is New 90 Day High Low • Feb 02
New 90-day high: €7.00 The company is up 124% from its price of €3.12 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 27% over the same period. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue beats expectations Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 26%, compared to a 3.4% growth forecast for the Shipping industry in Germany. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS US$0.057 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$6.79m (down 11% from 3Q 2019). Net income: US$130.1k (up US$922.9k from 3Q 2019). Profit margin: 1.9% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Is New 90 Day High Low • Nov 11
New 90-day high: €3.68 The company is up 12% from its price of €3.28 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Announcement • Nov 10
EuroDry Ltd. to Report Q3, 2020 Results on Nov 11, 2020 EuroDry Ltd. announced that they will report Q3, 2020 results at 5:00 PM, GTB Standard Time on Nov 11, 2020 
