EuroDry EDRY Q1 2026 Earnings Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Source: NASDAQ.COM
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Analyst Views on EDRY
Wall Street analysts forecast EDRY stock price to fall
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 22.710
Low
20.00
Averages
22.50
High
25.00
Current: 22.710
Low
20.00
Averages
22.50
High
25.00
About EDRY
EuroDry Ltd is a Greece-based company which operates in the dry cargo, dry bulk shipping markets. The Company's operations are managed by Eurobulk Ltd an affiliated ship management company and Eurobulk (Far East) Ltd. Inc, which are responsible for the day-to-day commercial and technical management and operations of the vessels. EuroDry Ltd employs its vessels on spot and period charters and through pool arrangements. The Company has a fleet of more than five vessels, including Kamsarmax drybulk carriers, Panamax drybulk carriers and an Ultramax drybulk carrier with a total cargo capacity of approximately 400,000 deadweight tonnage (dwt). The Company's subsidiaries are: Kamsarmax One Shipping Ltd, Kamsarmax Two Shipping Ltd and Eirini Shipping Ltd, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
EuroDry EDRY Q1 2026 Earnings Transcript
See More
EuroDry Q1 2026 Earnings Report Analysis
- Performance Miss: EuroDry's Q1 2026 non-GAAP EPS of $0.12 fell short by $0.16, indicating pressure on profitability that may affect investor confidence and future stock performance.
- Revenue Growth Lags: Despite a 39% year-over-year revenue increase to $12.8 million, the figure missed expectations by $3.36 million, suggesting that market demand has not fully translated into revenue growth, potentially hindering future business expansion.
- Adjusted EBITDA Improvement: The adjusted EBITDA for Q1 2026 was $4.9 million, a significant recovery from a loss of $1.0 million in the same quarter last year, reflecting progress in cost control and operational efficiency.
- Vessel Operations Update: The company operated an average of 11 vessels in Q1, earning an average time charter equivalent rate of $14,416 per day, compared to 12.8 vessels at $7,167 per day in Q1 2025, indicating positive advancements in vessel utilization and rental income.
See More
EuroDry Q1 Earnings Announcement Scheduled
- Earnings Release Date: EuroDry (EDRY) is set to announce its Q1 earnings on May 20 before market open, with a consensus EPS estimate of $0.28, reflecting a significant year-over-year increase of 113.5%, which could positively impact the stock price.
- Revenue Growth Expectations: The expected revenue for Q1 is $16.16 million, representing a 75.5% year-over-year growth, indicating a strong recovery and increased demand in the shipping market, which may boost investor confidence.
- Historical Performance Review: Over the past two years, EDRY has beaten EPS estimates 50% of the time and revenue estimates 25% of the time, suggesting a relatively stable performance during earnings releases, enhancing market expectations for future results.
- Estimate Revision Dynamics: In the last three months, both EPS and revenue estimates have seen one upward and one downward revision, reflecting market uncertainty regarding the company's future performance, prompting investors to closely monitor the upcoming earnings report.
See More
EuroDry to Release Q1 Financial Results on May 20
- Earnings Release Schedule: EuroDry Ltd. will announce its financial results for the first quarter ended March 31, 2026, on May 20, 2026, before the New York market opens, providing investors with insights into its operational and financial status.
- Management Conference Call: On the same day at 9:00 a.m. Eastern Time, the management will host a conference call and webcast to discuss the financial results, aiming to enhance transparency and engage directly with investors.
- Participation Details: Participants should dial in 10 minutes early using 877 405 1226 (US Toll-Free) or +1 201 689 7823 (International), quoting “EuroDry” to ensure smooth access to the call, facilitating effective communication of key information.
- Company Background: Founded in 2018, EuroDry focuses on dry bulk transportation, operating a fleet of 11 vessels with a total carrying capacity of 766,420 dwt, and plans to expand to 13 vessels, indicating ongoing growth potential in the dry bulk market.
See More
EuroDry Shares Surge 6.1% to $21.15 Amid Strong Market Sentiment
- Strong Stock Performance: EuroDry (EDRY) shares surged 6.1% to close at $21.15, with trading volume significantly exceeding typical levels, indicating strong investor interest and reflecting improved sentiment in the dry bulk market.
- Significant Year-to-Date Growth: EDRY has gained 65% year-to-date, driven by strategic fleet management and improving market sentiment, showcasing its increasing competitiveness in the dry bulk shipping industry.
- Optimistic Financial Expectations: The company is expected to report quarterly earnings of $0.24 per share, representing a year-over-year increase of 111.6%, with revenues projected at $14.12 million, up 53.3% from the previous year, further solidifying investor confidence in its growth potential.
- Positive Analyst Rating: EDRY currently holds a Zacks Rank of #2 (Buy), indicating analysts' optimistic outlook on its future performance, and investors should monitor any changes in earnings estimates to capitalize on potential stock price increases.
See More
20th Annual Capital Link International Shipping Forum Set for March 9, 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
- Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
- Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
- Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.
See More
EuroDry EDRY Q1 2026 Earnings Transcript
See More
EuroDry Q1 2026 Earnings Report Analysis
- Performance Miss: EuroDry's Q1 2026 non-GAAP EPS of $0.12 fell short by $0.16, indicating pressure on profitability that may affect investor confidence and future stock performance.
- Revenue Growth Lags: Despite a 39% year-over-year revenue increase to $12.8 million, the figure missed expectations by $3.36 million, suggesting that market demand has not fully translated into revenue growth, potentially hindering future business expansion.
- Adjusted EBITDA Improvement: The adjusted EBITDA for Q1 2026 was $4.9 million, a significant recovery from a loss of $1.0 million in the same quarter last year, reflecting progress in cost control and operational efficiency.
- Vessel Operations Update: The company operated an average of 11 vessels in Q1, earning an average time charter equivalent rate of $14,416 per day, compared to 12.8 vessels at $7,167 per day in Q1 2025, indicating positive advancements in vessel utilization and rental income.
See More
EuroDry Q1 Earnings Announcement Scheduled
- Earnings Release Date: EuroDry (EDRY) is set to announce its Q1 earnings on May 20 before market open, with a consensus EPS estimate of $0.28, reflecting a significant year-over-year increase of 113.5%, which could positively impact the stock price.
- Revenue Growth Expectations: The expected revenue for Q1 is $16.16 million, representing a 75.5% year-over-year growth, indicating a strong recovery and increased demand in the shipping market, which may boost investor confidence.
- Historical Performance Review: Over the past two years, EDRY has beaten EPS estimates 50% of the time and revenue estimates 25% of the time, suggesting a relatively stable performance during earnings releases, enhancing market expectations for future results.
- Estimate Revision Dynamics: In the last three months, both EPS and revenue estimates have seen one upward and one downward revision, reflecting market uncertainty regarding the company's future performance, prompting investors to closely monitor the upcoming earnings report.
See More
EuroDry to Release Q1 Financial Results on May 20
- Earnings Release Schedule: EuroDry Ltd. will announce its financial results for the first quarter ended March 31, 2026, on May 20, 2026, before the New York market opens, providing investors with insights into its operational and financial status.
- Management Conference Call: On the same day at 9:00 a.m. Eastern Time, the management will host a conference call and webcast to discuss the financial results, aiming to enhance transparency and engage directly with investors.
- Participation Details: Participants should dial in 10 minutes early using 877 405 1226 (US Toll-Free) or +1 201 689 7823 (International), quoting “EuroDry” to ensure smooth access to the call, facilitating effective communication of key information.
- Company Background: Founded in 2018, EuroDry focuses on dry bulk transportation, operating a fleet of 11 vessels with a total carrying capacity of 766,420 dwt, and plans to expand to 13 vessels, indicating ongoing growth potential in the dry bulk market.
See More
EuroDry Shares Surge 6.1% to $21.15 Amid Strong Market Sentiment
- Strong Stock Performance: EuroDry (EDRY) shares surged 6.1% to close at $21.15, with trading volume significantly exceeding typical levels, indicating strong investor interest and reflecting improved sentiment in the dry bulk market.
- Significant Year-to-Date Growth: EDRY has gained 65% year-to-date, driven by strategic fleet management and improving market sentiment, showcasing its increasing competitiveness in the dry bulk shipping industry.
- Optimistic Financial Expectations: The company is expected to report quarterly earnings of $0.24 per share, representing a year-over-year increase of 111.6%, with revenues projected at $14.12 million, up 53.3% from the previous year, further solidifying investor confidence in its growth potential.
- Positive Analyst Rating: EDRY currently holds a Zacks Rank of #2 (Buy), indicating analysts' optimistic outlook on its future performance, and investors should monitor any changes in earnings estimates to capitalize on potential stock price increases.
See More
20th Annual Capital Link International Shipping Forum Set for March 9, 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
- Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
- Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
- Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.
See More
