Star Equity Hldgs: Q3 Earnings Insights

Star Equity Hldgs (NASDAQ:STRR) reported its Q3 earnings results on Wednesday, November 8, 2023 at 08:30 AM. Here’s…

Star Equity Hldgs (NASDAQ:STRR) reported its Q3 earnings results on Wednesday, November 8, 2023 at 08:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Star Equity Hldgs beat estimated earnings by 108.33%, reporting an EPS of $0.01 versus an estimate of $-0.12.

Revenue was down $13.81 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 5.57% drop in the share price the next day.

Here’s a look at Star Equity Hldgs’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.05 0 -0.02
EPS Actual -0.06 0.06 0.14 0.05
Revenue Estimate 25.85M 27.00M 28.75M 31.10M
Revenue Actual 8.89M 25.70M 32.14M 24.24M

To track all earnings releases for Star Equity Hldgs visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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