Univest Securities added to its earnings forecast for Euroseas, as the shipowner looks to benefit from continued strength in the container ship market.
James Jang, the New York-based investment bank’s director of research, hiked his expectations of the Greek shipowner’s operating earnings per share (EPS) to $22.72 in 2023, up from his prior bet of $21.37.
His bullishness grew more for 2024, rising to an estimate of $22.22
