Euroseas (ESEA) to Release Earnings on Wednesday

Euroseas (NASDAQ:ESEA) is scheduled to post its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect Euroseas to post earnings of ($0.03) per share for the quarter.

Euroseas (NASDAQ:ESEA) last announced its quarterly earnings data on Friday, November 10th. The shipping company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.06. The firm had revenue of $11.07 million during the quarter. Euroseas had a negative net margin of 70.00% and a negative return on equity of 14.29%.

Shares of Euroseas (ESEA) opened at $1.77 on Wednesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.02 and a quick ratio of 0.92. The stock has a market cap of $20.23, a price-to-earnings ratio of -0.59 and a beta of 1.67. Euroseas has a 52 week low of $1.13 and a 52 week high of $2.73.

A number of analysts have recently issued reports on the stock. Maxim Group set a $3.00 price objective on shares of Euroseas and gave the stock a “buy” rating in a research note on Monday, November 13th. ValuEngine raised shares of Euroseas from a “strong sell” rating to a “sell” rating in a research note on Friday, October 27th.

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Euroseas Company Profile

Euroseas Ltd. is engaged in the shipping business. The Company is an owner and operator of drybulk and container carrier vessels and is a provider of seaborne transportation for drybulk and containerized cargoes. Eurobulk Ltd. manages the Company’s operations. The Company also owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal and grains, and minor bulks, such as bauxite, phosphate and fertilizers.

Earnings History for Euroseas (NASDAQ:ESEA)

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