Euroseas

Euroseas Ltd. is a holding company, which engages in the provision of ocean-going transportation services. It operates containerships that transport dry and refrigerated containerized cargoes, mainly including manufactured products, and perishables. The company also owns drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. Euroseas was founded on May 5, 2005 and is headquartered in Athens, Greece.

Earnings data Q1 2021

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Euroseas reports strong Q4 earnings amidst market challenges and opportunities

Euroseas delivered a robust performance in Q4 2022, driven by strong financial results and strategic initiatives like fleet expansion and asset optimization.
While facing challenges from market dynamics and global uncertainties, the company's proactive approach to debt management and focus on shareholder value creation position it for long-term success.
By navigating market challenges, capitalizing on growth opportunities, and maintaining financial discipline, Euroseas aims to sustain its competitive position and drive value for stakeholders.

Euroseas reports robust Q1 earnings amidst market opportunities and challenges

Euroseas delivered a strong Q1 2023 performance with solid financial results and shareholder returns, reflecting operational excellence and market positioning.
While facing challenges such as operational complexities and legal issues, the company has opportunities to drive growth through strategic initiatives and market trends.
Investors should monitor Euroseas' ability to navigate challenges, capitalize on opportunities, and sustain its financial performance and shareholder value in the dynamic shipping industry.

Euroseas reports strong Q2 earnings, plans fleet expansion and acquisitions

Euroseas delivered robust financial results, declared dividends, and expanded its fleet, showcasing operational strength and strategic growth.
While facing challenges such as debt assumption and arbitration losses, the company's focus on sustainability and shareholder value creation remains strong.
Opportunities lie in building cash reserves, share repurchases, and fleet expansion, positioning Euroseas for future growth and market leadership.
Overall, Euroseas' performance reflects resilience in a dynamic market environment, with a strategic focus on sustainable growth and shareholder returns.

Euroseas reports robust Q3 earnings amidst market challenges and opportunities

Euroseas delivered strong financial performance in Q3 2023, supported by substantial dividends and operational expansions, despite challenges in charter rates and global economic uncertainties.
With a focus on maintaining financial resilience, efficient operations, and shareholder value, Euroseas navigates market headwinds while exploring opportunities for revenue growth and capital appreciation.
The company's strategic approach to balancing dividends, buybacks, and fleet expansion positions it to weather industry challenges and leverage potential opportunities for future growth.

Euroseas (ESEA) posts robust Q4 earnings, eyes growth amid market disruptions

Euroseas (ESEA) reported strong financials, dividend increase, and operational updates in Q4 2023. Despite market challenges, the company's fleet expansion and charter coverage provide a solid foundation for growth. Strategic investments and market insights position Euroseas well for future opportunities.

Euroseas reports strong Q1 earnings, eyes growth amid market trends

Euroseas delivered a strong financial performance in Q1 2024, supported by operational efficiency and robust fleet utilization rates.
While facing challenges from market uncertainties and debt management, the company's strategic strengths lie in dividend consistency, fleet optimization, and growth opportunities.
By leveraging market trends, optimizing its fleet, and maintaining financial discipline, Euroseas is poised to capitalize on opportunities for revenue growth and shareholder value appreciation.

Euroseas excels in Q2 2024 earnings, poised for strategic growth

Euroseas delivered a robust financial performance in Q2 2024, supported by strong revenues, net income, and dividend yield, reflecting a well-managed operation.
The company's fleet profile, forward charter coverage, and capital allocation strategy position it well for growth and value creation in a positive market environment.
While facing challenges such as debt management and market dynamics, Euroseas can capitalize on opportunities through strategic investments and adaptation to industry trends.

Euroseas reports robust Q3 earnings, poised for industry growth

Euroseas delivered a strong performance in Q3 2024, supported by solid financial results, dividend declaration, and strategic fleet management.
While facing debt obligations and fleet age challenges, the company is well-positioned to leverage market opportunities, capitalize on industry recovery, and drive future growth.
Investors may find value in Euroseas stock given the favorable industry outlook, potential for stock price appreciation, and the company's focus on operational efficiency and expansion.

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Shares of Euroseas (NASDAQ:ESEA) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 164.71% year over year to $0.45, which beat the estimate of $0.41.

Recap: Euroseas Q1 Earnings

ATHENS, Greece, May 25, 2021 (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-month period ended March 31, 2021.

Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2021

ATHENS, Greece, May 21, 2021 (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 first quarter ended March 31, 2021 on Tuesday, May 25, 2021 after market closes in New York.

Euroseas Ltd. Sets Date for the Release of First Quarter 2021 Results, Conference Call and Webcast

Euroseas Ltd. (ESEA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Euroseas Ltd. (ESEA) to Report Q1 Results: Wall Street Expects Earnings Growth

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Euroseas Ltd. (ESEA) witnessed a jump in share price last session on above-average trading volume.

Euroseas Ltd. (ESEA) Moves 7.9% Higher: Will This Strength Last?

ATHENS, Greece, May 06, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its container vessel M/V “EM Hydra”. Specifically:

Euroseas Ltd. Announces New Charter for One Of Its Vessels, M/V “EM Hydra”

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Euroseas Ltd. (ESEA) was a big mover last session on higher-than-average trading volume.

Strength Seen in Euroseas Ltd. (ESEA): Can Its 7.7% Jump Turn into More Strength?

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ATHENS, Greece, April 12, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its container vessel M/V “Joanna”. Specifically:

Euroseas Ltd. Announces New Charter For One Of Its Vessels, M/V “Joanna”

As of late, it has definitely been a great time to be an investor in Euroseas Ltd. (ESEA).

Euroseas' (ESEA) Shares March Higher, Can It Continue?

Euroseas Ltd. (ESEA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Euroseas Ltd. (ESEA) Upgraded to Buy: What Does It Mean for the Stock?

The stock price of Euroseas Ltd. (NASDAQ: ESEA) increased by 27.77% on March 19.

ESEA Stock Price Increased 27.77%: Why It Happened

ATHENS, Greece, March 17, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today the extension of the charter of its container vessels M/V “EM Kea” and a new time charter contract for its container vessel M/V “Synergy Busan”. Specifically:

Euroseas Ltd. Announces New Charters for Two of Its Vessels, M/V “Synergy Busan” and M/V “EM Kea”

Strength Seen in Euroseas Ltd. (ESEA): Can Its 15.1% Jump Turn into More Strength?

ATHENS, Greece, March 15, 2021 (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 that Dr. Tasos Aslidis, Chief Financial Officer of the Company has been invited to present at the Inaugural Emerging Growth Virtual Conference, presented by M-Vest LLC and Maxim Group LLC. The conference will take place during March 17-19, 2021 from 9:00 am - 5:00 pm EDT featuring roundtable discussions with C-suite executives moderated by Maxim Research Analysts, fireside chats with live Q&A, and presentations from hundreds of issuers both domestically and internationally. Dr. Aslidis will also participate in a panel discussion with shipping company executives on March 18, 2021 at 10:00 am EDT. The Company presentation and the live panel discussion can be accessed via the conference web link below.

Euroseas Ltd. to Participate in M-Vest LLC and Maxim Group LLC Inaugural Emerging Growth Virtual Conference

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Euroseas Ltd (ESEA) CEO Aristides Pittas on Q4 2020 Results - Earnings Call Transcript

ATHENS, Greece, Feb. 24, 2021 (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-month period and full year ended December 31, 2020.

Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2020

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ATHENS, Greece, Feb. 19, 2021 (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 fourth quarter ended December 31, 2020 on Wednesday, February 24, 2021 after market closes in New York.

Euroseas Ltd. Sets Date for the Release of Fourth Quarter 2020 Results Conference Call and Webcast

ATHENS, Greece, Jan. 19, 2021 (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 that Tasos Aslidis, Chief Financial Officer will present at Noble Capital Markets' Seventeen Annual Investor Virtual Conference on Wednesday, January 20, 2021 at 5:15 pm EST.

Euroseas Ltd. to Present at NobleCon 17 Investor Conference

Container ship leasing rates are at decade highs and rising as current demand for worldwide containerized trade far outstrips ship capacity. Restrained ship ordering from years of trade tension uncertainty and Covid have left us with a grossly insufficient new ship orderbook to meet even modest trade growth in 2021/2022.

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