Star Bulk Carriers Corp expected to post earnings of 83 cents a share - Earnings Preview

Star Bulk Carriers

06/08/2024 03:57

* Star Bulk Carriers Corp  SBLK.OQ   SBLK.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Athina Attiki-based  company is expected to report a
59.0% increase in revenue to $282.302 million from $177.54
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Star Bulk Carriers Corp
is for
earnings of 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $30.00​, above​ its last closing price
of $20.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.91        0.81       0.87      Beat    7.4
 Dec. 31 2024  0.71        0.73       0.73      Met     0.3
 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.        0.29        0.28       0.36      Beat    28.6
 31 2023                                                
 Dec. 31 2022  0.88        0.88       0.90      Beat    2.9​
 Sep. 30 2022  1.38        1.37       1.33      Missed  -3.1
 Jun. 30 2022  1.86        1.75       2.00      Beat    14.5
 This summary was machine generated August 6 at 02:56 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)