Star Bulk Carriers Corp. Reports $5.8 Million Net Profit for the Third Quarter 2019 and Declares Quarterly Dividend of $0.05 Per Share

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Go back to Star Bulk Carriers Corp. Reports $5.8 Million Net Profit for the Third Quarter 2019 and Declares Quarterly Dividend of $0.05 Per Share

Star Bulk Carriers (SBLK) Tops Q3 EPS by 1c

November 20, 2019 5:03 PM EST

Star Bulk Carriers (NASDAQ: SBLK) reported Q3 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $248.4 million versus the consensus estimate of $164.72 million.

Petros Pappas, Chief Executive Officer of Star Bulk, commented: Star Bulk returned to profitability during the third quarter 2019, reporting TCE Revenues of $131.3... More