Star Bulk Carriers Corp. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018

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Go back to Star Bulk Carriers Corp. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018

Star Bulk Carriers (SBLK) Misses Q3 EPS by 12c, Revenues Beat

November 20, 2018 4:11 PM EST

Star Bulk Carriers (NASDAQ: SBLK) reported Q3 EPS of $0.35, $0.12 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $188.5 million versus the consensus estimate of $140.78 million.

Petros Pappas, Chief Executive Officer of Star Bulk, commented:

This quarter marks the fourth consecutive profitable one, as we achieved $128.7 million in... More