EuroDry Future Growth
Future criteria checks 5/6
EuroDry is forecast to grow earnings and revenue by 97.9% and 25.2% per annum respectively. EPS is expected to grow by 98.1% per annum. Return on equity is forecast to be 7.5% in 3 years.
Key information
97.9%
Earnings growth rate
98.1%
EPS growth rate
| Shipping earnings growth | 17.6% |
| Revenue growth rate | 25.2% |
| Future return on equity | 7.5% |
| Analyst coverage | Low |
| Last updated | 22 Feb 2024 |
Recent future growth updates
Recent updates
Here's Why EuroDry (NASDAQ:EDRY) Is Weighed Down By Its Debt Load
Jan 06
Analyst Forecasts Just Got A Lot More Bearish On EuroDry Ltd. (NASDAQ:EDRY)
Aug 11There's Been No Shortage Of Growth Recently For EuroDry's (NASDAQ:EDRY) Returns On Capital
May 05Are Investors Undervaluing EuroDry Ltd. (NASDAQ:EDRY) By 34%?
Oct 07EuroDry to sell Panamax bulk carrier M/V Pantelis for $9.7M
Sep 19EuroDry Is Much Better Priced Than Euroseas With Better Perspectives
Aug 16Here's Why EuroDry (NASDAQ:EDRY) Has A Meaningful Debt Burden
Jul 22EuroDry: Is The 70% Discount To NAV Justified?
Jul 08Letting The Market Cry, Buying EuroDry
May 20Industry Analysts Just Upgraded Their EuroDry Ltd. (NASDAQ:EDRY) Revenue Forecasts By 15%
Apr 28EuroDry (NASDAQ:EDRY) Could Become A Multi-Bagger
Apr 05EuroDry (NASDAQ:EDRY) Takes On Some Risk With Its Use Of Debt
Mar 04EuroDry: Good Value, Decent Prospects But No Dividends
Mar 04KNOT Offshore Partners' Income Stock & EuroDry Limited's Growth Stock: Positive Additions To A Diverse Portfolio
Feb 22EuroDry: Undervalued And Well Positioned For 2022 Dividend Initiation
Jan 13EuroDry (NASDAQ:EDRY) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17EuroDry: Forgotten And Undervalued
Sep 05EuroDry's (NASDAQ:EDRY) Performance Is Even Better Than Its Earnings Suggest
Aug 12Forecast: Analysts Think EuroDry Ltd.'s (NASDAQ:EDRY) Business Prospects Have Improved Drastically
Jul 17Are Investors Undervaluing EuroDry Ltd. (NASDAQ:EDRY) By 48%?
Apr 29EuroDry EPS beats by $0.40, beats on revenue
Nov 11Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2025 | 80 | 8 | 26 | 24 | 2 |
| 12/31/2024 | 77 | 7 | 19 | 21 | 3 |
| 12/31/2023 | 48 | -3 | -53 | 12 | N/A |
| 9/30/2023 | 47 | 3 | 8 | 14 | N/A |
| 6/30/2023 | 53 | 10 | 19 | 19 | N/A |
| 3/31/2023 | 63 | 22 | 10 | 26 | N/A |
| 12/31/2022 | 70 | 34 | -5 | 33 | N/A |
| 9/30/2022 | 77 | 42 | 3 | 46 | N/A |
| 6/30/2022 | 81 | 48 | -17 | 50 | N/A |
| 3/31/2022 | 74 | 39 | -9 | 49 | N/A |
| 12/31/2021 | 64 | 29 | 2 | 39 | N/A |
| 9/30/2021 | 49 | 13 | -6 | 26 | N/A |
| 6/30/2021 | 36 | 2 | 5 | 13 | N/A |
| 3/31/2021 | 26 | -4 | 2 | 3 | N/A |
| 12/31/2020 | 22 | -7 | 2 | 2 | N/A |
| 9/30/2020 | 23 | -6 | 2 | 3 | N/A |
| 6/30/2020 | 24 | -7 | 5 | 6 | N/A |
| 3/31/2020 | 27 | -5 | 7 | 8 | N/A |
| 12/31/2019 | 27 | -2 | 14 | 15 | N/A |
| 9/30/2019 | 27 | -2 | 3 | 14 | N/A |
| 6/30/2019 | 26 | 0 | 2 | 13 | N/A |
| 3/31/2019 | 26 | 2 | -16 | 10 | N/A |
| 12/31/2018 | 25 | 1 | -25 | 4 | N/A |
| 9/30/2018 | 23 | 1 | -14 | 5 | N/A |
| 6/30/2018 | 22 | 1 | -19 | 3 | N/A |
| 3/31/2018 | 20 | 0 | -6 | 3 | N/A |
| 12/31/2017 | 19 | 1 | -7 | 3 | N/A |
| 12/31/2016 | 8 | -10 | N/A | 4 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EDRY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).
Earnings vs Market: EDRY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: EDRY is expected to become profitable in the next 3 years.
Revenue vs Market: EDRY's revenue (25.2% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: EDRY's revenue (25.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EDRY's Return on Equity is forecast to be low in 3 years time (7.5%).