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What Lies Ahead of Star Bulk Carriers' in Q1 Earnings?
Star Bulk Carriers Corp. (NASDAQ: SBLK) is scheduled to report first-quarter 2024 results on May 22, after market close.
The Zacks Consensus Estimate for SBLK's first-quarter 2024 earnings has been revised upward by 18.9% in the past 90 days. The company also has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters (missed the mark in the remaining quarter), the average beat being 37.66%.
Star Bulk Carriers Corp. Price and EPS Surprise
Star Bulk Carriers Corp. price-eps-surprise | Star Bulk Carriers Corp. Quote
Let's see how things have shaped up for Star Bulk Carriersthis earnings season.
Q1 Expectations
The Zacks Consensus Estimate for Star Bulk Carriers' first-quarter 2024 revenues is pegged at $265.74 million, indicating 18.61% growth year over year. The top line is likely to have benefited from strength across voyage revenues and time charter equivalent revenues.
On the ...