NASDAQ$STHO

Star Holdings · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Reported a net loss and a loss per share, impacted by a non-cash adjustment related to SAFE shares.

Star Holdings reported a net loss of $49.0 million and a loss per share of $3.68 for the first quarter of 2024. These results were affected by a non-cash adjustment of $37.9 million related to the company's investment in SAFE shares.

  • Net loss attributable to common shareholders for Q1 2024 was $49.0 million.
  • Loss per share for Q1 2024 was $3.68.
  • Land revenues for Q1 2024 totaled $16.6 million.
  • Results reflect a non-cash adjustment of $37.9 million related to SAFE shares.

Headline financials

Total Revenue

$25.4M

Previous: $16.8M+51.5%
EPS

-$3.68

Previous: -$6.81+46.0%
Property Sale Profit

$4.27M

No prior period
SAFE MTM Adjustment

-$37.9M

No prior period
Capital Expenditures

-$95K

Previous: -$83K-14.5%
Free Cash Flow

-$49.1M

Previous: -$90.8M+46.0%
Net Income

-$49M

Previous: -$90.7M+46.0%
Operating Income

$16.8M

Previous: -$381K+4506.0%
Gross Profit

$25.4M

Previous: $15.1M+68.5%
Cash & Equivalents

$45.7M

Previous: $70.2M-34.9%
Total Assets

$623M

Previous: $813M-23.4%

Revenue & EPS history

Star Holdings · Revenue · Quarterly

$25.4M

Q1 2024+51.5%vs Q1 2023

Historical earnings impact

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

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.4%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+0.8%

Avg return

30 days after

35%

6 / 17 earnings

Positive

+3.8%

Q4 2025

Best reaction

-5.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-2.1%+1.9%
Q4 2025+3.8%+7.0%+1.8%
Q3 2025+2.1%+1.9%+4.8%
Q1 2025-0.8%-1.9%+16.4%
Q4 2024-0.9%+3.4%-7.2%
Q3 2024+0.1%+1.7%-8.6%
Q2 2024+2.1%+3.8%+9.3%
Q1 2024-0.4%+3.5%-4.0%
Q4 2023-0.3%+7.0%+8.9%
Q4 2021-0.3%+7.0%+8.9%
Q3 2022-5.7%-6.5%+10.8%
Q3 2023-5.7%-6.5%+10.8%
Q2 2023+0.2%-1.7%-7.0%
Q2 2022+0.2%-1.7%-7.0%
Q1 2022+0.0%-2.5%-8.9%
Q4 2022+0.0%-2.5%-8.9%
Q1 2023+0.0%-2.5%-8.9%

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