SBLK Earnings Prediction
The chart below shows how SBLK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SBLK sees a -0.50% change in stock price 10 days leading up to the earnings, and a +1.65% change 10 days following the report. On the earnings day itself, the stock moves by -0.81%. This data can give you a slight idea of what to expect for the next quarter's release.
SBLK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
344.28M
54.32%
-2.44%
Gross Margin
38.82%
34.28%
-8.14%
Operating Margin
27.42%
44.93%
-13.36%
Net Margin
23.61%
20.64%
-21.46%
EPS
0.69
53.33%
-25.00%
No Data Available
SBLK Earnings Analysis
Star Bulk Carriers Corp. Corporation (SBLK.O) Earnings Conference Call
Positive
Net Income Overview: Net income amounted to $81 million, with adjusted net income of $83 million or $0.71 adjusted earnings per share.
Quarterly Adjusted EBITDA: Adjusted EBITDA was $143.4 million for the quarter.
Dividend Declaration Announcement: The company declared a dividend per share of $0.60 payable on or about December 18, 2024.
Strong Liquidity Position: Our total liquidity to date stands strong at $433 million.
Integration Synergies Achieved: Since the Eagle Bulk transaction was completed, the synergies achieved from integration resulted in more than $9 million.
Negative
Net Income Decline: Net income amounted to $81 million, with adjusted net income of $83 million or $0.71 adjusted earnings per share, indicating a decline in profitability.
Adjusted EBITDA Decline: Adjusted EBITDA was $143.4 million for the quarter, reflecting a decrease compared to previous periods.
Debt Burden Analysis: Total debt stands at $1.3 billion, highlighting a significant financial burden on the company.
Fleet Age Concerns: The average age of the fleet is 11.9 years, suggesting potential inefficiencies and higher maintenance costs.
Decline in Trade Volumes: The company reported a decline in customer activity, with a 5.4% year-over-year decrease in total dry bulk trade volumes.
SBLK FAQs
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SBLK Earning Call Sentiment
Star Bulk Carriers Corp. (SBLK) Q3 2024 Earnings Call Transcript
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SBLK.O
-1.22%Positive
Despite potential headwinds from tariffs and China's economic challenges, Star Bulk shows strong financial health with increased net income and EBITDA. The company is actively managing costs and improving fleet efficiency. Shareholder returns through dividends and buybacks are robust, and the integration with Eagle Bulk is yielding synergies. The Q&A reveals management's confidence in further cost reductions and operational synergies, though some uncertainty remains regarding tariffs. Given the market cap, the positive financial performance and shareholder returns are likely to result in a positive stock price movement of 2% to 8%.