EuroDry (EDRY) Expected to Announce Quarterly Earnings on Thursday

EuroDry (NASDAQ:EDRY) is projected to release its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $17.8550 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:30 AM ET.

EuroDry (NASDAQ:EDRY) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.30). EuroDry had a negative net margin of 0.55% and a negative return on equity of 0.88%. The company had revenue of $12.79 million during the quarter, compared to analysts’ expectations of $15.62 million.

EuroDry Stock Up 6.1%

Shares of EuroDry stock traded up $1.53 on Tuesday, reaching $26.71. 33,070 shares of the company were exchanged, compared to its average volume of 35,554. EuroDry has a 1-year low of $10.01 and a 1-year high of $28.00. The company has a market cap of $77.18 million, a P/E ratio of -204.13 and a beta of 0.68. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.61 and a quick ratio of 1.55. The stock’s 50 day moving average price is $23.10 and its 200-day moving average price is $20.16.

Analysts Set New Price Targets

Several research firms have commented on EDRY. Zacks Research upgraded shares of EuroDry from a “hold” rating to a “strong-buy” rating in a report on Friday, July 10th. Weiss Ratings lowered shares of EuroDry from a “sell (d+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen raised shares of EuroDry from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.50.

EuroDry Company Profile

EuroDry Limited is a Marshall Islands–incorporated shipping company, formed in 2005 and headquartered in Piraeus, Greece. The company is publicly traded on the NASDAQ under the symbol EDRY. Since its inception, EuroDry has focused exclusively on the marine transportation of drybulk commodities and has grown its fleet through a combination of newbuilding contracts and second-hand acquisitions.

As of mid-2024, EuroDry’s operating fleet comprises Capesize, Panamax and Supramax drybulk carriers, collectively providing over one million deadweight tons (dwt) of capacity.