Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2020

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Euroseas Ltd. (ESEA) Tops Q2 EPS by 36c, Revenues Beat

August 11, 2020 4:37 PM EDT

Euroseas Ltd. (NASDAQ: ESEA) reported Q2 EPS of $0.25, $0.36 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $13.5 million versus the consensus estimate of $13.42 million.

Chairman and CEO of Euroseas commented: The second quarter of 2020 turned out to be highly profitable despite the challenges of the pandemic which affected the charter rates of our vessels in the second half of the period and the numerous operational difficulties that we... More