Star Equity Hldgs STRR is preparing to release its quarterly earnings on Wednesday, 2024-11-13. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Star Equity Hldgs to report an earnings per share (EPS) of $-0.26.
Star Equity Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.18, leading to a 2.79% drop in the share price the following trading session.
Here's a look at Star Equity Hldgs's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.47 | -0.40 | -0.4 | -0.60 |
EPS Actual | -0.29 | -0.45 | -0.1 | 0.05 |
Price Change % | -3.0% | -2.0% | 3.0% | -1.0% |
Tracking Star Equity Hldgs's Stock Performance
Shares of Star Equity Hldgs were trading at $3.5 as of November 08. Over the last 52-week period, shares are down 25.03%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Star Equity Hldgs visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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