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SBLK

Star Bulk Carriers Corp

$19.04

Earnings Summary

Revenue
$352.88Mn
Net Profits
$106.08Mn
Net Profit Margins
30.06%
PE Ratio
7.05

Highlights

Revenue:

Star Bulk Carriers Corp’s revenue jumped 47.84% since last year same period to $352.88Mn in the Q2 2024. On a quarterly growth basis, Star Bulk Carriers Corp has generated 0% jump in its revenue since last 3-months.

Net Profits:

Star Bulk Carriers Corp’s net profit jumped 139.36% since last year same period to $106.08Mn in the Q2 2024. On a quarterly growth basis, Star Bulk Carriers Corp has generated 0% jump in its net profits since last 3-months.

Net Profit Margins:

Star Bulk Carriers Corp’s net profit margin jumped 61.9% since last year same period to 30.06% in the Q2 2024. On a quarterly growth basis, Star Bulk Carriers Corp has generated 0% jump in its net profit margins since last 3-months.

PE Ratio:

Star Bulk Carriers Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 7.05.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Star Bulk Carriers Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.83
EPS Estimate Current Year
0.83

Highlights

EPS Estimate Current Quarter:

Star Bulk Carriers Corp’s earning per share (EPS) estimates for the current quarter stand at 0.83 - a 2.47% jump from last quarter’s estimates.

EPS Estimate Current Year:

Star Bulk Carriers Corp’s earning per share (EPS) estimates for the current year stand at 0.83.

Key Ratios

Key ratios of the Star Bulk Carriers Corp post its Q2 2024 earnings

Earning Per Share (EPS)
0.78
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.75

Highlights

Earning Per Share (EPS):

Star Bulk Carriers Corp’s earning per share (EPS) jumped 65.96% since last year same period to 0.78 in the Q2 2024. This indicates that the Star Bulk Carriers Corp has generated 65.96% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Star Bulk Carriers Corp’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Star Bulk Carriers Corp’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Star Bulk Carriers Corp declared 0.75 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-23
0.81
0.87
7.41%