Star Equity Holdings Inc reports results for the quarter ended in December - Earnings Summary

Star Equity Holdings

22/03/2024 14:17

* Star Equity Holdings Inc  STRR.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of 14 cents.  The mean expectation of two analysts for the
quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -10 cents to -7 cents per share.
    * Revenue fell 56.1% to $14.11 million from a year ago;
analysts
expected $9.15 million. 
    * Star Equity Holdings Inc's reported EPS for the quarter
was 8
cents​.
    * The company reported quarterly net income of $1.25
million.
    * Star Equity Holdings Inc shares had fallen by 14.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Star Equity
Holdings Inc is $5.00 
This summary was machine generated from LSEG data March 22 at
02:16 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 2023      -0.08          -0.03          Beat
 Sep. 30 2023      -0.12          -0.20          Missed
 Jun. 30 2023      0.47           -0.06          Missed
 Mar. 31 2023      0.00           0.06           Beat