Analysts Set Expectations for Star Equity Holdings, Inc.’s Q2 2024 Earnings (NASDAQ:STRR)

Star Equity Holdings, Inc. (NASDAQ:STRRFree Report) – Litchfield Hills Research reduced their Q2 2024 earnings per share (EPS) estimates for Star Equity in a note issued to investors on Thursday, May 23rd. Litchfield Hills Research analyst T. O’neill now forecasts that the company will post earnings per share of ($0.05) for the quarter, down from their prior forecast of ($0.02). The consensus estimate for Star Equity’s current full-year earnings is ($0.10) per share. Litchfield Hills Research also issued estimates for Star Equity’s Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at $0.05 EPS and FY2024 earnings at ($0.10) EPS.

Star Equity Stock Down 1.1 %

STRR opened at $0.90 on Monday. The company has a market capitalization of $14.27 million, a PE ratio of 0.69 and a beta of 0.23. The firm has a 50-day simple moving average of $0.90 and a two-hundred day simple moving average of $0.96. Star Equity has a 52 week low of $0.75 and a 52 week high of $1.59.

Star Equity (NASDAQ:STRRGet Free Report) last posted its quarterly earnings results on Friday, March 22nd. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01. The business had revenue of $14.11 million during the quarter, compared to the consensus estimate of $9.00 million. Star Equity had a negative return on equity of 5.42% and a net margin of 52.81%.

Star Equity Company Profile

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Star Equity Holdings, Inc engages in the construction business in the United States and internationally. It operates through two segments: Construction, and Investments. It manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments.

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