iStar: Q1 Earnings Insights

iStar STAR reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:30 AM.

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

iStar beat estimated earnings by 53.35%, reporting an EPS of $7.79 versus an estimate of $5.08.

Revenue was down $81.31 million from the same period last year.

Last quarter the company beat on EPS by $1.08 which was followed by a 0.14% drop in the share price the next day.

Here's a look at iStar's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.21	0.31	0.15	0.11
EPS Actual	0.87	1.76	0.15	0.30
Revenue Estimate	101.84M	105.02M	101.89M	100.20M
Revenue Actual	50.76M	195.49M	105.59M	113.26M

To track all earnings releases for iStar visit their earnings calendar here.

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