Euroseas: Q1 Earnings Insights - Euroseas (NASDAQ:ESEA)

Euroseas ESEA reported its Q1 earnings results on Tuesday, May 16, 2023 at 08:42 AM.

Here's what investors need to know about the announcement.

Euroseas beat estimated earnings by 13.19%, reporting an EPS of $3.09 versus an estimate of $2.73.

Revenue was down $3.44 million from the same period last year.

Last quarter the company missed on EPS by $0.25 which was followed by a 1.94% drop in the share price the next day.

Here's a look at Euroseas's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	2.75	3.37	3.80	3.6
EPS Actual	2.50	2.90	4.08	3.7
Revenue Estimate	41.60M	45.95M	44.01M	42.77M
Revenue Actual	42.89M	45.95M	48.48M	45.37M

To track all earnings releases for Euroseas visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.