Star Bulk Carriers Corp expected to post earnings of $1.37 a share - Earnings Preview

Star Bulk Carriers

14/11/2022 21:06

* Star Bulk Carriers Corp  SBLK.OQ   SBLK.O  is expected
to show a
fall in quarterly revenue when it reports  results on November
16. 
    * The Athina Attiki-based  company is expected to report  a
22.3% decrease in revenue to $275.534 million from $354.84
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Star Bulk Carriers
Corp
is for earnings of $1.37 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Star Bulk
Carriers Corp is $32​, above​ its last closing price of $21.00.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.86        1.75       2.00      Beat    14.5
 Mar. 31 2022  1.50        1.47       1.72      Beat    17.2
 Dec. 31 2021  2.57        2.52       2.96      Beat    17.5​
 Sep. 30 2021  2.05        2.07       2.19      Beat    5.9
 ​​Jun.        1.37        1.31       1.26      Missed  -4.1
 30 2021                                                
 Mar. 31 2021  0.47        0.43       0.36      Missed  -15.5​
 Dec. 31 2020  0.23        0.22       0.30      Beat    34.3
 Sep. 30 2020  0.27        0.28       0.28      Met     1.8
 This summary was machine generated November 14 at 21:06 GMT. 
All figures in US dollars  unless otherwise stated