NASDAQ$STHO

Star Holdings · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Star Holdings reported second quarter 2024 results with a net loss and land revenues.

Star Holdings reported a net loss attributable to common shareholders of $27.1 million and a loss per share of $2.04 for the second quarter of 2024. The company recorded $15.7 million in land revenues during the quarter.

  • Net loss attributable to common shareholders was $27.1 million.
  • Loss per share was $2.04.
  • Recorded $15.7 million in land revenues.
  • Results reflected a non-cash adjustment of $17.7 million.

Headline financials

Total Revenue

$30.6M

Previous: $25.5M+19.9%
EPS

-$2.04

Previous: -$6.75+69.8%
Capital Expenditures

-$240K

Previous: -$680K+64.7%
Free Cash Flow

-$27.4M

Previous: -$90.6M+69.8%
Net Income

-$27.1M

Previous: -$90M+69.9%
Operating Income

$24.8M

Previous: $14.7M+68.5%
Gross Profit

$30.5M

Previous: $25.4M+20.2%
Cash & Equivalents

$48.3M

Previous: $54.9M-12.1%
Total Assets

$601M

Previous: $702M-14.4%

Revenue & EPS history

Star Holdings · Revenue · Quarterly

$30.6M

Q2 2024+19.9%vs Q2 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 Q2 2024

Historical avgQ2 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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