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EuroDry (EDRY) Reports Q4 Loss, Misses Revenue Estimates
EDRYEuroDry .(EDRY) ZACKS·2025-02-24 14:45

Company Performance - EuroDry reported a quarterly loss of 0.25pershare,significantlyworsethantheZacksConsensusEstimateofalossof0.25 per share, significantly worse than the Zacks Consensus Estimate of a loss of 0.07, and down from earnings of 0.70pershareayearago,representinganearningssurpriseof−257.140.70 per share a year ago, representing an earnings surprise of -257.14% [1] - The company posted revenues of 14.51 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 11.70%, and down from 15.9millioninthesamequarterlastyear[2]−EuroDryhasnotsurpassedconsensusEPSestimatesoverthelastfourquarters,indicatingaconsistentunderperformance[2]StockOutlook−EuroDryshareshavedeclinedapproximately6.315.9 million in the same quarter last year [2] - EuroDry has not surpassed consensus EPS estimates over the last four quarters, indicating a consistent underperformance [2] Stock Outlook - EuroDry shares have declined approximately 6.3% since the beginning of the year, contrasting with the S&P 500's gain of 2.2% [3] - The current consensus EPS estimate for the upcoming quarter is -2.22 on revenues of 7.95million,and−7.95 million, and -0.34 on revenues of $54.29 million for the current fiscal year [7] - The estimate revisions trend for EuroDry is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), suggesting expected underperformance in the near future [6] Industry Context - The Transportation - Shipping industry, to which EuroDry belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact EuroDry's stock performance [5]