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Market Overview

Earnings Outlook For EuroDry


EuroDry (NASDAQ:EDRY) announces its next round of earnings this Tuesday, February 16. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see EuroDry reporting a loss of $0.39 per share on revenue of $6.30 million. In the same quarter last year, EuroDry reported earnings per share of $0.43 on sales of $7.61 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 190.7% decrease for the company. Sales would be down 17.18% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate -0.41 -1.15 -0.69 0.23
EPS Actual 0.05 -1.73 -0.91 0.43
Revenue Estimate 6.28 M 4.75 M 5.73 M 7.91 M
Revenue Actual 6.79 M 4.02 M 5.07 M 7.61 M

Stock Performance

Over the last 52-week period, shares of EuroDry are up 59.68%.

Do not be surprised to see the stock move on comments made during its conference call. EuroDry is scheduled to hold the call at 10:00:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings