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Stock impact report

EuroDry (EDRY) Soars 6.1%: Is Further Upside Left in the Stock? [Yahoo! Finance]

EuroDry Ltd. - Common Shares (EDRY) 
Last eurodry ltd. - common shares earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 3.5% gain over the past four weeks. EDRY shares have performed very well this year, gaining 65 year to date. Strategic fleet management and improving sentiment surrounding the dry bulk market are supporting EDRY shares. The company's liquidity position is praiseworthy as well. Last month, the shipping company reported better-than-expected earnings per share, further supporting the northward movement of EDRY shares. This company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of +111.6%. Revenues are expected to be $14.12 million, up 53.3% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For EuroDry, the consensus EPS estimate for the quarter has remained unchang Show less Read more
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