Euroseas Reports Non-GAAP EPS of $4.70, Exceeding Estimates but Revenue Falls Short
Euroseas (ESEA) reported a non-GAAP earnings per share (EPS) of $4.70 for Q1 2026, beating estimates by $0.41. However, revenue came in at $55.8 million, missing expectations by $1.1 million and declining year-over-year by 0.9%. The company operated an average of 21 vessels during the quarter with a daily time charter equivalent rate of $30,354.
Tickers: $ESEA
Topics: Earnings Non-GAAP EPS Shipping Industry