EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2018

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Go back to EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2018

EuroDry Ltd. (EDRY) Reports Q3 EPS of $0.62, Revenues Beat

November 15, 2018 4:16 PM EST

EuroDry Ltd. (NASDAQ: EDRY) reported Q3 EPS of $0.62, versus $0.00 reported last year. Revenue for the quarter came in at $6.8 million versus the consensus estimate of $6.69 million.

Total net revenues of $6.8 million. Net income of $1.7 million; net earnings attributable to common shareholders (after a $0.2 million dividend on Series B Preferred Shares) of $1.4 million or $0.63 earnings per share basic and diluted. Adjusted net income attributable to common shareholders1 for the period was $1.4 million or $0.62 per share basic and diluted. Adjusted... More