EuroDry Past Earnings Performance
Past criteria checks 0/6
EuroDry has been growing earnings at an average annual rate of 15.5%, while the Shipping industry saw earnings growing at 40.5% annually. Revenues have been growing at an average rate of 17.6% per year.
Key information
15.5%
Earnings growth rate
16.0%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 17.6% |
| Return on equity | -6.7% |
| Net Margin | -9.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Market Cool On EuroDry Ltd.'s (NASDAQ:EDRY) Revenues Pushing Shares 25% Lower
Nov 06
EuroDry (NASDAQ:EDRY) Could Be Struggling To Allocate Capital
Nov 03Here's Why EuroDry (NASDAQ:EDRY) Is Weighed Down By Its Debt Load
Jan 06Analyst 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 11Revenue & Expenses Breakdown
How EuroDry makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 65 | -6 | 8 | 0 |
| 30 Jun 24 | 58 | -2 | 7 | 0 |
| 31 Mar 24 | 51 | -3 | 7 | 0 |
| 31 Dec 23 | 48 | -3 | 7 | 0 |
| 30 Sep 23 | 47 | 3 | 6 | 0 |
| 30 Jun 23 | 53 | 10 | 6 | 0 |
| 31 Mar 23 | 63 | 22 | 6 | 0 |
| 31 Dec 22 | 70 | 34 | 6 | 0 |
| 30 Sep 22 | 77 | 42 | 6 | 0 |
| 30 Jun 22 | 81 | 48 | 6 | 0 |
| 31 Mar 22 | 74 | 39 | 5 | 0 |
| 31 Dec 21 | 64 | 29 | 5 | 0 |
| 30 Sep 21 | 49 | 13 | 5 | 0 |
| 30 Jun 21 | 36 | 2 | 4 | 0 |
| 31 Mar 21 | 26 | -4 | 4 | 0 |
| 31 Dec 20 | 22 | -7 | 4 | 0 |
| 30 Sep 20 | 23 | -6 | 4 | 0 |
| 30 Jun 20 | 24 | -7 | 4 | 0 |
| 31 Mar 20 | 27 | -5 | 4 | 0 |
| 31 Dec 19 | 27 | -2 | 4 | 0 |
| 30 Sep 19 | 27 | -2 | 4 | 0 |
| 30 Jun 19 | 26 | 0 | 4 | 0 |
| 31 Mar 19 | 26 | 2 | 4 | 0 |
| 31 Dec 18 | 25 | 1 | 4 | 0 |
| 30 Sep 18 | 23 | 1 | 4 | 0 |
| 30 Jun 18 | 22 | 1 | 3 | 0 |
| 31 Mar 18 | 20 | 0 | 2 | 0 |
| 31 Dec 17 | 19 | 1 | 2 | 0 |
| 31 Dec 16 | 8 | -10 | 2 | 0 |
Quality Earnings: EDRY is currently unprofitable.
Growing Profit Margin: EDRY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EDRY is unprofitable, but has reduced losses over the past 5 years at a rate of 15.5% per year.
Accelerating Growth: Unable to compare EDRY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EDRY is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (27.4%).
Return on Equity
High ROE: EDRY has a negative Return on Equity (-6.67%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:24 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EuroDry Ltd. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Tate Sullivan | Maxim Group |
| Michael Heim | NOBLE Capital Markets, Inc. |