NASDAQ$SBLK

Star Bulk Carriers Corp. · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

SBLK Q2 2024 — €612.3M revenue, 0.87 EPS

Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act, with respect to our financial condition, results of operations and business and our expectations or beliefs concern. Star Bulk Carriers Corp. reported Q2 2024 results. Diluted EPS came in at 0.87. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: €612.3M.
  • Diluted EPS: 0.87.
  • Operating income: €117K.

Headline financials

Total Revenue

$353M

Previous: $239M+47.8%
EPS (adj)

$0.78

Previous: $0.47+66.0%
Capital Expenditures

-$13.3M

Previous: $8.76M-251.7%
Free Cash Flow

$125M

Previous: $171M-27.1%
Net Income

$106M

Previous: $44.3M+139.4%
Operating Income

$112M

Previous: $57.4M+95.5%
Gross Profit

$136M

Previous: $67.9M+100.5%
Stock-Based Comp

$5.72M

Previous: $6.36M-10.1%

Revenue & EPS history

Star Bulk · Revenue · Quarterly

$353M

Q2 2024+47.8%vs Q2 2023
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+1.5%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+19.9%

Q2 2013

Best reaction

-22.0%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.3%+3.3%-3.3%
Q1 2026+0.0%+1.7%+2.4%
Q3 2025-1.3%+2.3%-5.2%
Q2 2025-1.0%-1.9%+0.8%
Q1 2025+2.5%+0.4%+6.0%
Q4 2024-8.7%-6.8%+1.2%
Q3 2024-7.2%-8.9%-28.0%
Q2 2024-0.4%+1.8%-5.7%
Q1 2024-0.7%+2.7%-8.3%
Q4 2023-3.4%-2.6%+7.1%
Q3 2023+2.9%+3.3%+7.8%
Q2 2023+5.7%+5.4%+1.9%
Q1 2023+3.3%+3.2%+1.3%
Q4 2022-4.3%-2.5%-9.5%
Q3 2022-2.0%-0.5%-3.8%
Q2 2022+0.6%+2.2%-21.8%
Q1 2022-5.1%-3.2%-25.3%
Q4 2021+8.9%+7.8%+7.6%
Q3 2021-2.0%-1.0%+1.3%
Q2 2021+2.2%+1.7%+25.9%
Q1 2021-5.0%+2.8%+0.1%
Q4 2020-7.7%-2.2%+18.0%
Q3 2020-1.6%-0.3%+10.6%
Q2 2020+0.4%-0.9%-4.3%
Q1 2020+2.0%+0.0%+33.8%
Q4 2019+10.0%-1.0%-32.6%
Q3 2019+5.1%+4.7%+12.1%
Q2 2019+5.8%+1.5%+21.3%
Q1 2019-11.8%-10.1%+1.8%
Q4 2018+5.1%+5.3%-12.6%
Q3 2018-1.7%+1.5%-2.5%
Q2 2018-1.0%-4.6%-11.8%
Q1 2018+1.3%+6.9%-1.4%
Q4 2017+2.5%+1.5%-5.9%
Q3 2017-1.2%+1.6%+14.3%
Q2 2017-0.5%+2.6%+11.9%
Q1 2017-11.0%-6.3%+5.0%
Q4 2016+0.3%-1.1%+8.3%
Q3 2016+0.9%-5.4%-11.5%
Q2 2016-6.0%+3.9%+1.1%
Q1 2016+3.1%+2.1%+55.1%
Q4 2015+5.3%
Q3 2015-22.0%
Q2 2015+6.9%
Q1 2015-5.0%
Q4 2014+5.1%
Q3 2014-4.6%
Q2 2014+1.8%
Q1 2014-4.1%
Q4 2013+19.2%
Q3 2013+12.0%
Q2 2013+19.9%
Q1 2013-2.3%
Q4 2012+1.6%
Q3 2012-2.7%
Q2 2011+1.1%
Q2 2012+3.0%
Q4 2011+0.0%
Q1 2012-1.1%
Q3 2011-2.2%
Q1 2011-2.7%
Q4 2010-0.8%
Q3 2010+0.7%
Q2 2010-1.6%
Q1 2010-0.7%

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