Euroseas delivered a profitable Q3 2025 with increased earnings per share and robust operating income driven by higher average charter rates. The company operated a fleet of 22 vessels and declared a $0.70 dividend. Forward charter agreements for five vessels enhance revenue visibility into 2032.
Net income reached $29.7 million in Q3 2025, up from $27.6 million YoY
EPS was $4.27 and adjusted EPS was $4.26
Revenue increased to $56.9 million, supported by average charter rates of $29,284/day
Declared $0.70/share quarterly dividend and repurchased $10.5 million in stock
Euroseas secured multi-year charters for five vessels, boosting long-term revenue and earnings visibility through 2032. While market volatility and global shipping headwinds remain, Euroseas’ contract coverage provides solid downside protection.
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