EuroDry Ltd (EDRY, Financial) is set to release its Q3 2024 earnings on Nov 19, 2024. The consensus estimate for Q3 2024 revenue is $21.20 million, and the earnings are expected to come in at $1.10 per share. The full year 2024's revenue is expected to be $74.62 million and the earnings are expected to be $0.81 per share. More detailed estimate data can be found on the Forecast page.
EuroDry Ltd (EDRY, Financial) Estimates Trends
Over the past 90 days, revenue estimates for EuroDry Ltd (EDRY) have seen a slight decrease from $75.04 million to $74.62 million for the full year 2024, while the estimates for 2025 have increased from $84.38 million to $85.13 million. Earnings estimates have remained steady at $0.81 per share for the full year 2024 and have slightly increased from $7.30 per share to $7.31 per share for 2025.
EuroDry Ltd (EDRY, Financial) Reported History
In the previous quarter of 2024-06-30, EuroDry Ltd's (EDRY) actual revenue was $17.44 million, which missed analysts' revenue expectations of $18.15 million by -3.9%. EuroDry Ltd's (EDRY) actual earnings were -$0.15 per share, which missed analysts' earnings expectations of $0.515 per share by -129.13%. After releasing the results, EuroDry Ltd (EDRY) was down by -1.1% in one day.
EuroDry Ltd (EDRY, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for EuroDry Ltd (EDRY) is $29.67 with a high estimate of $30 and a low estimate of $29. The average target implies an upside of 96.47% from the current price of $15.10.
Based on GuruFocus estimates, the estimated GF Value for EuroDry Ltd (EDRY, Financial) in one year is $29.23, suggesting an upside of 93.58% from the current price of $15.10.
Based on the consensus recommendation from 3 brokerage firms, EuroDry Ltd's (EDRY, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
