Star Bulk Carriers (SBLK) Gains As Market Dips: What You Should Know
In the latest trading session, Star Bulk Carriers (SBLK) closed at $23.70, marking a +1.37% move from the previous day. The stock outpaced the S&P 500's daily loss of 2.04%. - Zacks Prior to today's trading, shares of the shipping company had lost 2.05% over the past month. This has lagged the Transportation sector's loss of 1.87% and the S&P 500's loss of 1.36% in that time. Wall Street will be looking for positivity from SBLK as it approaches its next earnings report date. In that report, analysts expect SBLK to post earnings of $2.09 per share. This would mark year-over-year growth of 646.43%. Meanwhile, our latest consensus estimate is calling for revenue of $402.56 million, up 101.06% from the prior-year quarter. SBLK's full-year Zacks Consensus Estimates are calling for earnings of $5.88 per share and revenue of $1.31 billion. These results would represent year-over-year changes of +3358.82% and +89.52%, respectively. Investors might also notice rece