EuroDry (EDRY) Expected to Release Quarterly Earnings on Thursday

Key Points

• EuroDry is expected to report Q3 2026 earnings on November 12; analysts forecast $2.06 per share and $20 million in revenue.
• In its latest reported quarter, the company earned $2.44 per share, beating the $1.23 consensus estimate, while revenue of $17.7 million came in slightly below expectations.
• Analyst sentiment is mixed, with a consensus “Hold” rating and a $23.50 price target; company insiders sold a net 12,593 shares over the last quarter.

EuroDry (NASDAQ:EDRY - Get Free Report) is projected to announce its Q3 2026 resultson Thursday, November 12th. Analysts expect EuroDry to post earnings of $2.06 per share and revenue of $20.00 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:30 AM ET.

EuroDry (NASDAQ:EDRY - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $2.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.23 by $1.21. EuroDry had a return on equity of 8.77% and a net margin of 15.02%. The company had revenue of $17.70 million for the quarter, compared to the consensus estimate of $17.86 million.

EuroDry Stock Down 3.1%

Shares of EuroDry stock opened at $38.30 on Thursday. The stock's 50-day moving average is $53.14 and its 200 day moving average is $30.02. EuroDry has a one year low of $12.11 and a one year high of $73.07. The firm has a market cap of $109.92 million, a price-to-earnings ratio of 11.57 and a beta of 0.82. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.28 and a quick ratio of 1.23.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Weiss Ratings reissued a "sell (d-)" rating on shares of EuroDry in a research note on Friday, August 21st. Alliance Global Partners restated a "buy" rating on shares of EuroDry in a report on Friday, August 7th. Finally, Zacks Research downgraded shares of EuroDry from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 6th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, EuroDry presently has an average rating of "Hold" and a consensus price target of $23.50.

Insider Transactions at EuroDry

In other news, insider Symeon Pariaros sold 2,700 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $42.00, for a total value of $113,400.00. Following the sale, the insider owned 4,576 shares of the company's stock, valued at $192,192. The trade was a 37.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Panagiotis Kyriakopoulos sold 2,067 shares of the business's stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $43.80, for a total transaction of $90,534.60. Following the completion of the sale, the director directly owned 8,400 shares in the company, valued at approximately $367,920. This trade represents a 19.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders acquired 2,200 shares of company stock worth $110,925 and sold 14,793 shares worth $658,539. Corporate insiders own 51.40% of the company's stock.

EuroDry Company Profile

EuroDry Ltd. NASDAQ: EDRY is a dry bulk shipping company that owns and operates vessels used to transport a range of essential commodities. Its cargoes may include iron ore, grain, coal, steel products, forest products and other dry bulk materials.

The company's fleet has primarily consisted of smaller dry bulk vessels, including Handy-size and Supramax-class ships. These vessels serve international trade routes and are employed through time charters, voyage charters and other commercial arrangements, depending on market conditions and customer requirements.

EuroDry was established in 1997 and is managed from offices in Athens, Greece.

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