EuroDry has made a modest return to the ledger's positive side, trumping Wall Street consensus for the first three months of 2019.

The Aristides Pittas-led owner posted a $0.4m profit for the quarter versus a $1.45m loss during the same period last year.

Earnings per share came in at $0.18, beating analysts' estimate of $0.50 loss per share.

Revenue gained 25% to $5.79m,