ATHENS, Greece, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Financial Highlights: Total net revenues of $54.1 million. Net income of $27.6 million or $3.97 and $3.95 earnings per share basic and diluted, respectively. Adjusted net inco ...

Shares of Euroseas Ltd. (ESEA) have gained 0.6% over the past four weeks to close the last trading session at $42.37, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $61.33 indicates a potential upside of 44.8%.The mean estimate comprises three short-term price targets with a standard deviation of $5.13. While the lowest estimate of $57 indicates a 34.5% increase from the curren ...

Euroseas (ESEA) is scheduled to release its third-quarter 2024 earnings numbers on Nov. 20 after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Euroseas has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missing twice. The average beat is 28.7%.The Zacks Consensus Estimate for ESEA’s soon-to-be-reported quarter’s earnings has been revised upward by 37.1% in the past 60 days to $3.77 per shar ...

ATHENS, Greece, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 20, 2024 after market closes in New York. On the next day, Thursday, November 21, 2024 at 8:30 a.m. Eastern Time, the Company's management will host a conference call and webcast to di ...

ATHENS, Greece, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today new time charter contracts for its 2001-built 2,556 teu feeder containerships, EM Corfu and Evridiki G, in direct continuation of their existing charters. Specifically: EM Corfu has been fixed for a minimum period of 18 months and a maximum period of 20 months at the o ...

Euroseas Ltd. (ESEA) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

ATHENS, Greece, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today new time charter contracts for three fuel efficient 2,800 teu feeder containerships. All three charters are for a minimum period of 34 months and a maximum period of 36 months at the option of the charter at a gross rate of $32,000 per day. Specifically: M/V Tender Sou ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...

Investors focus on businesses that consistently generate profits. Net profit margin is key to assessing profitability. A higher net margin indicates a company's efficiency in converting sales into actual profits, providing insights into its operational effectiveness and the challenges it faces. Companies like Euroseas Ltd. (ESEA) , Qifu Technology, Inc. (QFIN) , RCM Technologies, Inc. (RCMT) and Steelcase Inc. (SCS) exhibit strong net profit margins. Net Profit Margin = Net Profit / Sales * 100 Net profit r ...