Will Dry Bulk Market Strength Lead EuroDry Stock to Higher Highs?
EuroDry (EDRY) reported a 57% revenue increase to $17.7M in Q2 2026, driven by a doubling of its average TCE rate to $20,398/day. Adjusted EBITDA rose to $11.7M, and net income turned positive at $6.6M. The company benefits from strong dry-bulk market demand and favorable charter rates. Star Bulk (SBLK) and Genco Shipping (GNK) also reported significant earnings improvements due to higher rates.


