Star Bulk Carriers (SBLK) got here out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.33 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 71.43%. 1 / 4 in the past, it was anticipated that this delivery firm would publish earnings of $0.24 per share when it truly produced earnings of $0.18, delivering a shock of -25%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Star Bulk Carriers, which belongs to the Zacks Transportation – Transport business, posted revenues of $248.64 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 1.91%. This compares to year-ago revenues of $209.43 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.
The sustainability…