Star Bulk Carriers (NASDAQ: SBLK) is scheduled to report second-quarter 2024 results on Aug 7, after market close.
The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 79 cents per share and $329.4 million, respectively.
The earnings estimate for the to-be-reported quarter has declined 1.3% in the past 60 days. The bottom-line projection indicates year-over-year growth of 68.1%. The Zacks Consensus Estimate for quarterly revenues indicates a year-over-year increase of 38%.
SBLK has a decent earnings surprise history, having surpassed the consensus estimate in two of the last four quarters, missing once and reporting in-line earnings in the remaining quarter. The average beat is 30.5%.