Star Equity's Q2 revenue up 76%, beats estimates

Star Equity Holdings

13/08/2025 13:39

Corrects Adjusted EPS figure in Key Details table to $1.86 from $1.87

Overview

Star Equity Q2 2025 revenue grows 76%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 2025 beats consensus, reflecting improved operational performance

Building Solutions division drives revenue growth with large commercial projects and acquisitions

Outlook

Star Equity expects strong second half 2025 performance from Building Solutions

Company's Building Solutions backlog stands at $25.7 mln, indicating strong demand

Star Equity optimistic about converting pipeline opportunities into signed contracts

Merger with Hudson Global expected to create shareholder value through diversification

Result Drivers

BUILDING SOLUTIONS - Revenue growth driven by large commercial projects and acquisitions of Timber Technologies Solutions and Alliance Drilling Tools

ENERGY SERVICES - Division performed robustly despite challenging macroeconomic conditions

INVESTMENTS DIVISION - Contributed $5.8 mln in adjusted EBITDA mainly due to realized gain from Servotronics sale

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$23.70 mln
$16.80 mln (2 Analysts)
Q2 Adjusted EPS
Beat
$1.86
-$0.6 (2 Analysts)
Q2 Adjusted Net Income
Beat
$6 mln
-$1.90 mln (2 Analysts)
Q2 Net Income
$3.50 mln
Q2 Adjusted EBITDA
Beat
$7 mln
-$100,000 (1 Analyst)
Q2 Gross Profit
$6.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "buy"

Wall Street's median 12-month price target for Star Equity Holdings Inc is $8.50, about 76.4% above its August 12 closing price of $2.01

Press Release: ID:nGNXySBKk

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)