Euroseas Past Earnings Performance
Past criteria checks 3/6
Euroseas has been growing earnings at an average annual rate of 57.7%, while the Shipping industry saw earnings growing at 40% annually. Revenues have been growing at an average rate of 36.3% per year. Euroseas's return on equity is 36.8%, and it has net margins of 57.4%.
Key information
57.7%
Earnings growth rate
58.8%
EPS growth rate
Shipping Industry Growth | 51.9% |
Revenue growth rate | 36.3% |
Return on equity | 36.8% |
Net Margin | 57.4% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Euroseas Ltd.'s (NASDAQ:ESEA) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Aug 21Euroseas Is Chartering At Elevated Rates Thanks To The Red Sea, But Remains A Hold
Aug 07Euroseas (NASDAQ:ESEA) Has A Pretty Healthy Balance Sheet
Jul 03What Does Euroseas Ltd.'s (NASDAQ:ESEA) Share Price Indicate?
Jun 18Euroseas (NASDAQ:ESEA) Will Pay A Larger Dividend Than Last Year At $0.60
Feb 24Should You Think About Buying Euroseas Ltd. (NASDAQ:ESEA) Now?
Feb 14Up 87% YoY, I Am Selling Euroseas (Downgrade)
Jan 24The Trend Of High Returns At Euroseas (NASDAQ:ESEA) Has Us Very Interested
Dec 20Euroseas' (NASDAQ:ESEA) Dividend Will Be $0.50
Nov 12Euroseas' (NASDAQ:ESEA) Dividend Will Be $0.50
Sep 06Euroseas (NASDAQ:ESEA) Will Pay A Dividend Of $0.50
Aug 23Euroseas (NASDAQ:ESEA) Has Announced A Dividend Of $0.50
May 25Euroseas (NASDAQ:ESEA) Has A Pretty Healthy Balance Sheet
May 20Downgrade: Here's How This Analyst Sees Euroseas Ltd. (NASDAQ:ESEA) Performing In The Near Term
Feb 18A Look At The Intrinsic Value Of Euroseas Ltd. (NASDAQ:ESEA)
Nov 08Euroseas declares $0.50 dividend
Aug 10Does Euroseas (NASDAQ:ESEA) Have A Healthy Balance Sheet?
Jul 05Euroseas: Investors Cheer Surprise Dividend And Share Buyback Announcement - Buy
May 25Euroseas Pushes With Fleet Renewal Doubles Feeder Orders At South Korean Yard
Feb 17These 4 Measures Indicate That Euroseas (NASDAQ:ESEA) Is Using Debt Reasonably Well
Feb 17Euroseas Pens Fourth Lucrative Long-Term Charter
Jan 26Should You Be Adding Euroseas (NASDAQ:ESEA) To Your Watchlist Today?
Jan 04Euroseas: Set For Record Profitability But Trades At 45% Discount To NAV
Nov 28Revenue & Expenses Breakdown
How Euroseas 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 Jun 24 | 205 | 118 | 11 | 0 |
31 Mar 24 | 194 | 106 | 11 | 0 |
31 Dec 23 | 189 | 115 | 10 | 0 |
30 Sep 23 | 183 | 110 | 10 | 0 |
30 Jun 23 | 178 | 103 | 10 | 0 |
31 Mar 23 | 179 | 105 | 10 | 0 |
31 Dec 22 | 183 | 106 | 9 | 0 |
30 Sep 22 | 178 | 109 | 9 | 0 |
30 Jun 22 | 155 | 92 | 8 | 0 |
31 Mar 22 | 125 | 69 | 8 | 0 |
31 Dec 21 | 94 | 42 | 8 | 0 |
30 Sep 21 | 68 | 20 | 7 | 0 |
30 Jun 21 | 57 | 12 | 8 | 0 |
31 Mar 21 | 52 | 5 | 8 | 0 |
31 Dec 20 | 53 | 3 | 8 | 0 |
30 Sep 20 | 55 | 2 | 8 | 0 |
30 Jun 20 | 53 | 2 | 8 | 0 |
31 Mar 20 | 47 | -1 | 7 | 0 |
31 Dec 19 | 40 | -3 | 6 | 0 |
30 Sep 19 | 35 | -3 | 6 | 0 |
30 Jun 19 | 33 | -4 | 6 | 0 |
31 Mar 19 | 34 | -1 | 6 | 0 |
31 Dec 18 | 34 | -2 | 6 | 0 |
30 Sep 18 | 53 | 0 | 9 | 0 |
30 Jun 18 | 32 | -6 | 6 | 0 |
31 Mar 18 | 24 | -8 | 5 | 0 |
31 Dec 17 | 24 | -9 | 5 | 0 |
30 Sep 17 | 37 | -27 | 7 | 0 |
30 Jun 17 | 25 | -26 | 6 | 0 |
31 Mar 17 | 30 | -45 | 7 | 0 |
31 Dec 16 | 21 | -36 | 5 | 0 |
30 Sep 16 | 30 | -32 | 7 | 0 |
30 Jun 16 | 34 | -29 | 7 | 0 |
31 Mar 16 | 36 | -13 | 7 | 0 |
31 Dec 15 | 38 | -16 | 7 | 0 |
30 Sep 15 | 40 | -19 | 8 | 0 |
30 Jun 15 | 39 | -21 | 8 | 0 |
31 Mar 15 | 39 | -23 | 8 | 0 |
31 Dec 14 | 41 | -19 | 8 | 0 |
30 Sep 14 | 39 | -98 | 9 | 0 |
30 Jun 14 | 38 | -98 | 9 | 0 |
31 Mar 14 | 38 | -101 | 8 | 0 |
31 Dec 13 | 39 | -103 | 8 | 0 |
30 Sep 13 | 42 | -19 | 8 | 0 |
Quality Earnings: ESEA has a high level of non-cash earnings.
Growing Profit Margin: ESEA's current net profit margins (57.4%) are lower than last year (57.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ESEA has become profitable over the past 5 years, growing earnings by 57.7% per year.
Accelerating Growth: ESEA's earnings growth over the past year (14%) is below its 5-year average (57.7% per year).
Earnings vs Industry: ESEA earnings growth over the past year (14%) exceeded the Shipping industry -10.2%.
Return on Equity
High ROE: ESEA's Return on Equity (36.8%) is considered high.