EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2021, it operated a fleet of seven drybulk carriers comprising four Panamax drybulk carriers, one Ultramax drybulk carrier, and two Kamsarmax carriers with a cargo capacity of 528,931 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.
IPO Year:
Exchange: NASDAQ
Website: eurodry.gr
ATHENS, Greece, Nov. 21, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry")), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed a contract with Nantong Xiangyu Shipbuilding for the construction of two 63,500 DWT ultramax bulk carriers. Both vessels are geared, eco, and are built to EEDI phase 3 design standard. The two newbuildings are scheduled to be delivered during the second and third quarters of 2027. The total consideration for the two newbuilding contracts is approximately $71.8 million and will be financed with a combination of debt and equity. Aristides Pittas, Chai
ATHENS, Greece, Nov. 19, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry")), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Highlights: Total net revenues for the quarter of $14.7 million.Net loss attributable to controlling shareholders, of $4.2 million or $1.53 loss per share basic and diluted, respectively. Adjusted net loss1 attributable to controlling shareholders for the quarter of $3.9 million or $1.42 loss per share basic and diluted, respectively. Adjusted EBITDA1 for the quarter was $0.
ATHENS, Greece, Nov. 14, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry")), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2024 on November 19, 2024 before market opens in New York. On the same day, Tuesday, November 19, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In)
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy and
ATHENS, Greece, Sept. 23, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that its CFO, Dr. Tasos Aslidis, will present at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024 at 3:30pm Eastern Daylight Time. The broadcasted formal presentation will feature a fireside style Q&A session with questions welcome from the virtual audience. Additionally, scheduled one-on-one meetings with Dr. Aslidis and other company executives are also available for registered, qualified investor at
NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy an
Tuesday, September 10, 2024 at the BMA House in London, UK NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The 16th Annual Capital Link Shipping & Marine Services Forum will take place on Tuesday, September 10, 2024 from 8:00 AM to 5:30 PM at the BMA House in London. ABS is the Lead Sponsor of the Forum. This event aims to provide investors and industry participants with a comprehensive review and current outlook of the various shipping markets and in addition, cover topics of critical interest to industry participants, financiers and investors. 1x1 MEETINGS FOR INSTITUTIONAL INVESTORSMeetings are available only between institutional investors and company management. Please send all reques
ATHENS, Greece, Aug. 08, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and six month periods ended June 30, 2024. Second Quarter 2024 Highlights: Total net revenues for the quarter of $17.4 million.Net loss attributable to controlling shareholders, of $0.41 million or $0.15 loss per share basic and diluted, respectively.Adjusted net loss1 attributable to controlling shareholders for the quarter of $0.45 million or $0.17 loss per share basic and diluted, respectively, before unrealized gain on derivatives.Adjus
ATHENS, Greece, Aug. 05, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the second quarter ended June 30, 2024 on August 8, 2024 before market opens in New York. On the same day, Thursday, August 8, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 20
ATHENS, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three-month period ended March 31, 2024. First Quarter 2024 Highlights: Total net revenues of $14.4 million.Net loss attributable to controlling shareholders, of $1.8 million or $0.65 loss per share basic and diluted, respectively. Adjusted net loss1 attributable to controlling shareholders for the quarter of $3.2 million or $1.18 loss per share basic and diluted, respectively, before unrealized gain on derivatives. Adjusted EBITDA1 was $2.1 m
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ATHENS, Greece, Nov. 19, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry")), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Highlights: Total net revenues for the quarter of $14.7 million.Net loss attributable to controlling shareholders, of $4.2 million or $1.53 loss per share basic and diluted, respectively. Adjusted net loss1 attributable to controlling shareholders for the quarter of $3.9 million or $1.42 loss per share basic and diluted, respectively. Adjusted EBITDA1 for the quarter was $0.
ATHENS, Greece, Nov. 14, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry")), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2024 on November 19, 2024 before market opens in New York. On the same day, Tuesday, November 19, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In)
ATHENS, Greece, Aug. 08, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and six month periods ended June 30, 2024. Second Quarter 2024 Highlights: Total net revenues for the quarter of $17.4 million.Net loss attributable to controlling shareholders, of $0.41 million or $0.15 loss per share basic and diluted, respectively.Adjusted net loss1 attributable to controlling shareholders for the quarter of $0.45 million or $0.17 loss per share basic and diluted, respectively, before unrealized gain on derivatives.Adjus
ATHENS, Greece, Aug. 05, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the second quarter ended June 30, 2024 on August 8, 2024 before market opens in New York. On the same day, Thursday, August 8, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 20
ATHENS, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three-month period ended March 31, 2024. First Quarter 2024 Highlights: Total net revenues of $14.4 million.Net loss attributable to controlling shareholders, of $1.8 million or $0.65 loss per share basic and diluted, respectively. Adjusted net loss1 attributable to controlling shareholders for the quarter of $3.2 million or $1.18 loss per share basic and diluted, respectively, before unrealized gain on derivatives. Adjusted EBITDA1 was $2.1 m
ATHENS, Greece, May 17, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the first quarter ended March 31, 2024 on Tuesday, May 21, 2024 before market opens in New York. On the same day, May 21, 2024, at 10:30 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201
ATHENS, Greece, Feb. 15, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and twelve-month periods ended December 31, 2023. Fourth Quarter 2023 Highlights: Total net revenues of $15.9 million.Net income attributable to controlling shareholders, of $0.3 million or $0.13 earnings per share basic and diluted.Adjusted net income1 attributable to controlling shareholders, for the quarter of $1.9 million, or, $0.71 and $0.70 per share basic and diluted, respectively.Adjusted EBITDA1 was $6.6 million.An average of 12.
ATHENS, Greece, Feb. 13, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the fourth quarter ended December 31, 2023 on Thursday, February 15, 2024 after market closes in New York. On the next day, Friday, February 16, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free
ATHENS, Greece, Nov. 08, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month periods ended September 30, 2023. Third Quarter 2023 Highlights: Total net revenues for the quarter of $10.0 million.Net loss of $0.5 million or $0.19 loss per share basic and diluted. Adjusted net loss1 for the quarter of $0.7 million, or, $0.24 per share basic and diluted.Adjusted EBITDA1 was $3.1 million.An average of 10.0 vessels were owned and operated during the third quarter of 2023 earning an average time charter equi
ATHENS, Greece, Nov. 01, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ:EDRY, the "Company" or "EuroDry"))), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2023 on November 8, 2023 before market opens in New York. On the same day, Wednesday, November 8, 2023 at 11:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In)
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EuroDry (NASDAQ:EDRY) reported quarterly losses of $(1.18) per share which missed the analyst consensus estimate of $(0.34) by 247.06 percent. This is a 942.86 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $14.42 million which missed the analyst consensus estimate of $14.72 million by 2.01 percent. This is a 27.18 percent increase over sales of $11.34 million the same period last year.
EuroDry (NASDAQ:EDRY) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:00 PM. Here's what investors need to know about the announcement. Earnings EuroDry beat estimated earnings by 118.75%, reporting an EPS of $0.7 versus an estimate of $0.32. Revenue was up $782 thousand from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.71 which was followed by a 1.28% increase in the share price the next day. Here's a look at EuroDry's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -0.95 0.54 -0.28 2.68 EPS Actual -0.24 -0.48 0.14 1.18 Revenue Estimate 11.40M 13.87M 14.50M 21.20M Revenue Actual 10.0
EuroDry (NASDAQ:EDRY) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.32 by 118.75 percent. This is a 40.68 percent decrease over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $15.90 million which beat the analyst consensus estimate of $14.17 million by 12.23 percent. This is a 5.17 percent increase over sales of $15.12 million the same period last year.
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EuroDry (NASDAQ:EDRY) is set to give its latest quarterly earnings report on Thursday, 2024-02-15. Here's what investors need to know before the announcement. Analysts estimate that EuroDry will report an earnings per share (EPS) of $0.32. EuroDry bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.71, which was followed by a 1.28% increase in the share price th
Alliance Global Partners analyst Poe Fratt initiates coverage on EuroDry (NASDAQ:EDRY) with a Buy rating and announces Price Target of $30.
EuroDry (NASDAQ:EDRY) reported its Q3 earnings results on Wednesday, November 8, 2023 at 08:00 AM. Here's what investors need to know about the announcement. Earnings EuroDry beat estimated earnings by 74.74%, reporting an EPS of $-0.24 versus an estimate of $-0.95. Revenue was down $5.80 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $1.02 which was followed by a 1.48% increase in the share price the next day. Here's a look at EuroDry's past performance: Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022 EPS Estimate 0.54 -0.28 2.68 1.90 EPS Actual -0.48 0.14 1.18 1.93 Revenue Estimate 13.87M 14.50M 21.20M 17.90M Revenue Actual
EuroDry (NASDAQ:EDRY) reported quarterly losses of $(0.24) per share which beat the analyst consensus estimate of $(0.95) by 74.74 percent. This is a 112.44 percent decrease over earnings of $1.93 per share from the same period last year. The company reported quarterly sales of $10.01 million which missed the analyst consensus estimate of $11.40 million by 12.20 percent. This is a 36.71 percent decrease over sales of $15.81 million the same period last year.
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