Earnings Forecast Research on Euroseas Ltd. (ESEA)

Euroseas Ltd. has received $-0.13 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 63.89%.

Euroseas Ltd. reported better than expected with a surprise EPS of 25.93% or $0.14 during its most recent quarterly earnings. The Actual EPS was $-0.4 compared to the Estimated EPS of $-0.54.

In the last quarter, Euroseas Ltd. reported Annual Earnings of $-0.4. Based on the filings, last years Annual Earnings was, $-2.17. In the last Quarter, ESEA reported a surprise Earnings per Share of 25.93% . The consensus estimate for current quarter is $-0.13 and for the current fiscal year, the estimate is $-1.41. For the Next fiscal year, the estimate is $-0.98 based on the consensus.

Euroseas Ltd. (NASDAQ:ESEA) : On Tuesday heightened volatility was witnessed in Euroseas Ltd. (NASDAQ:ESEA) which led to swings in the share price. The stock opened for trading at $1.71 and hit $1.87 on the upside , eventually ending the session at $1.77, with a gain of 6.63% or 0.11 points. The heightened volatility saw the trading volume jump to 1,843,321 shares. The 52-week high of the share price is $8.07 and the company has a market cap of $19 million. The 52-week low of the share price is at $1.04 .

EUROSEAS LTD. was formed under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 136 years. Euroseas trades on the NASDAQ Global Select Market under the ticker ESEA. Euroseas operates in the dry cargo, drybulk and container shipping markets. Euroseas operations are managed by Eurobulk Ltd., an ISO 9001:2000 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements.

Euroseas

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