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EDRY EuroDry News Story

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EuroDry Ltd reports results for the quarter ended in June - Earnings Summary

* EuroDry Ltd  EDRY.OQ  reported quarterly adjusted earnings of
81 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
$2.04 per share.
* Revenue rose 250.7% to $14.09 million from a year ago; 
analysts expected $13.51 million. 
* EuroDry Ltd's reported EPS for the quarter was 81 cents​.
* The mean earnings estimate of analysts had risen by about 240%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* EuroDry Ltd shares had fallen by 0.4% this quarter and
gained 342.5% so far this year.
* The company reported quarterly net income of $1.95 million.
* Wall Street's median 12-month price target for EuroDry Ltd is
$41.54 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 5 at 10:39 a.m.  ​All
figures in US dollars unless otherwise stated

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