Earnings Summary

Star Bulk Carriers Corp’s revenue jumped 15.78% since last year same period to $259.39Mn in the Q1 2024. On a quarterly growth basis, Star Bulk Carriers Corp has generated -1.55% fall in its revenue since last 3-months.

Star Bulk Carriers Corp’s net profit jumped 63.17% since last year same period to $74.86Mn in the Q1 2024. On a quarterly growth basis, Star Bulk Carriers Corp has generated 88.52% jump in its net profits since last 3-months.

Star Bulk Carriers Corp’s net profit margin jumped 40.93% since last year same period to 28.86% in the Q1 2024. On a quarterly growth basis, Star Bulk Carriers Corp has generated 91.48% jump in its net profit margins since last 3-months.

Star Bulk Carriers Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 10.54.

Star Bulk Carriers Corp’s earning per share (EPS) estimates for the current quarter stand at 0.81 - a 10.96% jump from last quarter’s estimates.

Star Bulk Carriers Corp’s earning per share (EPS) estimates for the current year stand at 0.81.

Star Bulk Carriers Corp’s earning per share (EPS) jumped 141.67% since last year same period to 0.87 in the Q1 2024. This indicates that the Star Bulk Carriers Corp has generated 141.67% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.05.

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 0.11.

Star Bulk Carriers Corp declared 0.45 dividend per share during the earnings announcement for Q1 2024.