What is Noble Financial’s Forecast for EuroDry Q3 Earnings?

EuroDry (NASDAQ:EDRY) – Equities researchers at Noble Financial boosted their Q3 2025 earnings estimates for EuroDry in a report released on Wednesday, August 13th. Noble Financial analyst M. Reichman now expects that the company will earn $0.08 per share for the quarter, up from their prior forecast of ($0.90). The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q4 2025 earnings at $0.04 EPS and FY2025 earnings at ($0.30) EPS.

EuroDry Price Performance

Shares of NASDAQ EDRY opened at $10.50 on Friday. The firm has a 50-day simple moving average of $10.02 and a 200-day simple moving average of $9.89. The company has a current ratio of 0.91, a quick ratio of 0.94 and a debt-to-equity ratio of 0.89. EuroDry has a 52 week low of $7.60 and a 52 week high of $20.90.

EuroDry (NASDAQ:EDRY) last issued its earnings results on Monday, August 11th. The company reported ($1.10) EPS for the quarter, beating analysts’ consensus estimates of ($1.23) by $0.13. The business had revenue of $11.28 million during the quarter, compared to analysts’ expectations of $11.36 million. EuroDry had a negative net margin of 28.64% and a negative return on equity of 12.65%.

Institutional Investors Weigh In On EuroDry

A hedge fund recently raised its stake in EuroDry stock. Linden Thomas Advisory Services LLC lifted its stake in EuroDry (NASDAQ:EDRY) by 17.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,988 shares of the company’s stock after purchasing an additional 5,295 shares during the quarter. Linden Thomas Advisory Services LLC owned about 1.23% of EuroDry worth $384,000 at the end of the most recent reporting period. 2.44% of the stock is currently owned by hedge funds and other institutional investors.

About EuroDry

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.