Overview
Greece-based container carrier's Q4 revenue slightly missed analyst expectations
Adjusted EBITDA for Q4 missed analyst estimates
Company repurchased 6.8% of outstanding shares under share repurchase plan
Outlook
Euroseas expects contracted revenues over $550 mln in the next five years
Company sees 87% charter coverage for 2026 and over 71% for 2027
Euroseas increases dividend by 7% to $0.75 per share
Result Drivers
TIME CHARTER RATES - Increased average time charter rates contributed to higher net revenues in Q4 2025
CHARTER COVERAGE - Strong charter coverage for 2026 and beyond ensures continued profitability
VESSEL SALE - Gain on sale of M/V Marcos V contributed $9.2 mln to net income
Company press release: ID:nGNX8rDGmv
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Slight Miss* | $57.40 mln | $57.91 mln (3 Analysts) |
Q4 Adjusted Net Income | Beat | $31.30 mln | $30.36 mln (2 Analysts) |
Q4 Net Income | $40.50 mln | ||
Q4 Adjusted EBITDA | Miss | $40.70 mln | $42.62 mln (3 Analysts) |
Q4 Dividend | $0.75 |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the marine freight & logistics peer group is "buy"
Wall Street's median 12-month price target for Euroseas Ltd is $75.00, about 20.2% above its February 24 closing price of $62.42
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)