Noble Financial Has Positive Outlook for EuroDry Q3 Earnings

EuroDry (NASDAQ:EDRY) – Equities researchers at Noble Financial raised their Q3 2025 earnings per share estimates for EuroDry in a report released on Wednesday, August 13th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings per share of $0.08 for the quarter, up from their prior estimate of ($0.90). The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q4 2025 earnings at $0.04 EPS and FY2025 earnings at ($0.30) EPS.

EuroDry (NASDAQ:EDRY) last released its earnings results on Monday, August 11th. The company reported ($1.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.23) by $0.13. EuroDry had a negative return on equity of 12.65% and a negative net margin of 28.64%. The firm had revenue of $11.28 million during the quarter, compared to analyst estimates of $11.36 million.

EuroDry Stock Down 1.8%

EuroDry stock opened at $10.50 on Friday. EuroDry has a 1-year low of $7.60 and a 1-year high of $20.90. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.94 and a current ratio of 0.91. The stock’s fifty day moving average is $10.02 and its two-hundred day moving average is $9.89.

Institutional Trading of EuroDry

A hedge fund recently raised its stake in EuroDry stock. Linden Thomas Advisory Services LLC raised its holdings in EuroDry (NASDAQ:EDRY) by 17.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,988 shares of the company’s stock after buying an additional 5,295 shares during the period. Linden Thomas Advisory Services LLC owned about 1.23% of EuroDry worth $384,000 as of its most recent SEC filing. 2.44% of the stock is owned by institutional investors.

About EuroDry

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.