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

EuroDry (NASDAQ:EDRY) – Equities researchers at Noble Financial upped their Q3 2026 earnings per share (EPS) estimates for EuroDry in a research note issued to investors on Friday, November 14th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings of $0.49 per share for the quarter, up from their previous forecast of $0.41. The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q4 2026 earnings at $0.65 EPS.

EuroDry (NASDAQ:EDRY) last released its earnings results on Thursday, November 13th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.08). The company had revenue of $14.39 million for the quarter, compared to the consensus estimate of $14.56 million. EuroDry had a negative net margin of 21.73% and a negative return on equity of 9.79%.

A number of other research firms have also recently commented on EDRY. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of EuroDry in a research note on Wednesday, October 8th. Zacks Research raised shares of EuroDry from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 14th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, EuroDry presently has a consensus rating of “Reduce”.

EuroDry Trading Up 2.6%

EDRY stock opened at $13.39 on Monday. EuroDry has a twelve month low of $7.60 and a twelve month high of $16.14. The company has a current ratio of 0.91, a quick ratio of 0.81 and a debt-to-equity ratio of 0.89. The firm’s fifty day simple moving average is $12.49 and its two-hundred day simple moving average is $10.75.

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.