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

Star Equity Holdings

11/08/2023 14:13

* Star Equity Holdings Inc  STRR.OQ  reported a quarterly
adjusted
loss of 6 cents​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue fell 71% to $8.89 million from a year ago;
analysts
expected $25.85 million. 
    * Star Equity Holdings Inc's reported EPS for the quarter
was
$1.59​.
    * The mean earnings estimate of analysts had risen by
about 600%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Star Equity Holdings Inc shares had fallen by 10.0% this
quarter and gained 10.6% so far this year.
    * The company reported quarterly net income of $25.11
million.
    * Wall Street's median 12-month price target for Star Equity
Holdings Inc is $5.13 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 01:13 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           -0.06          Missed
 Mar. 31 2023      0.00           0.06           Beat
 Dec. 31 2022      -0.02          0.14           Beat
 Sep. 30 2022      0.00           0.05           Beat