Investing.com - EuroDry (NASDAQ:EDRY) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
EuroDry announced earnings per share of $1.93 on revenue of $15.81M. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $18.9M.
EuroDry shares are down 28.35% from the beginning of the year, still down 66.19% from its 52 week high of $44.99 set on April 21.
EuroDry follows other major Industrials sector earnings this month
EuroDry's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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