Star Bulk Carriers Corp reports results for the quarter ended December 31 - Earnings Summary

Star Bulk Carriers

18/02/2025 22:46

* Star Bulk Carriers Corp  SBLK.OQ  reported quarterly
adjusted
earnings of 34 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 73 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 42 cents per
share. Wall Street expected results to range from 38 cents to 45
cents per share.
    * Revenue rose 17.3% to $308.92 million from a year ago;
analysts
expected $231.02 million. 
    * Star Bulk Carriers Corp's reported EPS for the quarter was
36
cents​.
    * The company reported quarterly net income of $42.45
million.
    * Star Bulk Carriers Corp shares had risen by 7.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 62.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the marine
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for Star Bulk
Carriers Corp is $22.00 
This summary was machine generated from LSEG data February 18 at
10:46 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.42           0.34           Missed
 Sep. 30 2024      0.98           0.71           Missed
 Jun. 30 2024      0.83           0.78           Missed
 Mar. 31 2024      0.81           0.87           Beat