Star Bulk Carriers Corp expected to post earnings of 73 cents a share - Earnings Preview

Star Bulk Carriers

10/02/2024 24:17

* Star Bulk Carriers Corp  SBLK.OQ   SBLK.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
12 for the period ending December 31 2023
    * The Athina Attiki-based  company is expected to report a
31.1% decrease in revenue to $203.008 million from $294.8
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sales is on Net Revenue Basis)
    * ​LSEG's mean analyst estimate for Star Bulk Carriers Corp
is for
earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"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 $25.00​, above​ its last closing price
of $22.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.25        0.27       0.34      Beat    25.9
 Jun. 30 2023  0.39        0.65       0.47      Missed  -27.1
 Mar. 31 2023  0.29        0.28       0.36      Beat    28.6​
 Dec. 31 2022  0.88        0.88       0.90      Beat    2.9
 ​​Sep.        1.38        1.37       1.33      Missed  -3.1
 30 2022                                                
 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
 This summary was machine generated February 10 at 00:17 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)