Benzinga | Feb 16, 2021 10:17AM EST

Earnings Outlook For Star Bulk Carriers

Star Bulk Carriers (NASDAQ:SBLK) releases its next round of earnings this Wednesday, February 17. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict Star Bulk Carriers will report earnings of $0.22 per share on revenue of $151.91 million. In the same quarter last year, Star Bulk Carriers announced EPS of $0.36 on revenue of $248.64 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 38.89%. Revenue would be down 38.9% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.27 -0.30 -0.02 0.29EPS Actual 0.28 -0.19 -0.23 0.36Revenue Estimate 157.09 M 101.63 M 129.52 M 176.66 MRevenue Actual 200.22 M 136.13 M 160.86 M 248.64 M

Stock Performance

Over the last 52-week period, shares are up 68.67%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Star Bulk Carriers is scheduled to hold the call at 11:00:00 ET and can be accessed here.