$51.790
+2.615 (+5.05%)At close
EDRY News
EDRY Events
EuroDry Files $200M Mixed Securities Shelf
EuroDry files $200M mixed securities shelf
EuroDry Reports Q2 Revenue of $17.7M, Below Consensus
Reports Q2 revenue $17.7M, consensus $19M. Aristides Pittas, Chairman and CEO of EuroDry commented: "We are pleased to report a highly profitable quarter, our strongest in four years. During the second quarter of 2026, the drybulk market strengthened significantly, with time charter rates reaching levels last seen in 2022. This positive momentum continued into July 2026 and is also reflected in Forward Freight Agreement rates for the remainder of 2026 and throughout 2027."
EuroDry Ltd Trading Halted Due to Volatility
EuroDry Ltd trading halted, volatility trading pause
EuroDry Reports Q1 Revenue of $12.8M
Reports Q1 revenue $12.8M, consensus $16.16M. Aristides Pittas, chairman and CEO of EuroDry commented: "During the first quarter of 2026, a seasonally slow quarter, the drybulk market gave up very little ground as compared to the last quarter of last year. Additionally in April and May 2026, the market has firmed across the board with one-year time charter rates and trip earnings flirting and reaching $20,000 per day for both Ultramaxes and Kamsarmaxes."
EuroDry Q4 Revenue $17.39M, Below Consensus
Reports Q4 revenue $17.39M, consensus $17.77M. Aristides Pittas, chairman and CEO of EuroDry commented: "During the fourth quarter of 2025 and through the middle of February of 2026, the drybulk market has remained rather strong with time-charter rates for Ultramax vessels staying on average above $15,000/day with vessels in the Altantic Ocean earning a one to two thousand dollars per day premium over vessels in the Pacific. Kamsarmax time charter rates had exhibited similar levels. Such market rate levels are above our breakeven levels for achieving both positive earnings and cash flow and, thus, we recorded a quite profitable fourth quarter of 2025 in contrast to the previous three quarters of the year."
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.