Star Equity Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-19

* Star Equity Holdings Inc reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.00. The mean expectation of two analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -50 cents to -2 cents per share.

* Revenue rose 30.9% to $13.66 million from a year ago; analysts expected $13.15 million.

* Star Equity Holdings Inc's reported EPS for the quarter was a loss of 78 cents​.

* The company reported a quarterly loss of $2.51 million.

* Star Equity Holdings Inc shares had fallen by 25.1% this quarter and lost 41.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 92.6% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* 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."

* The average consensus recommendation for the homebuilding peer group is also "buy"

Wall Street's median 12-month price target for Star Equity Holdings Inc is $10.00 This summary was machine generated from LSEG data November 19 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.26 -0.29 Missed

Jun. 30 2024 -0.47 -0.76 Missed

Mar. 31 2024 -0.42 -0.85 Missed

Dec. 31 2023 -0.42 -0.15 Beat

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