Star Bulk Carriers Corp. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2018
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Star Bulk Carriers (SBLK) Misses Q4 EPS by 4c, Revenues Beat
February 11, 2019 4:37 PM ESTStar Bulk Carriers (NASDAQ: SBLK) reported Q4 EPS of $0.33, $0.04 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $209.43 million versus the consensus estimate of $147.13 million.
Petros Pappas, Chief Executive Officer of Star Bulk, commented: This is our fifth consecutive profitable quarter, as we achieved $12.3 million Net Income. This figure also includes a non-cash charge of $17.8 million, related to impairment for realized as well as expected vessel sales in 2019, which if... More
