Star Equity Hldgs Q2 EPS $(0.06) May Not Be Comparable To $0.05 Estimate, Sales $8.89M May Not Be Comparable To $25.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Star Equity Hldgs (NASDAQ:STRR) reported Q2 losses of $(0.06) per share, missing the analyst consensus estimate of $0.05 by 220 percent. This is a 20 percent decrease from the same period last year. The company also reported quarterly sales of $8.89 million, missing the analyst consensus estimate of $25.85 million by 65.60 percent, a 47.08 percent decrease from the same period last year.
August 11, 2023 | 12:36 pm
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Star Equity Hldgs reported Q2 losses and lower sales, both missing analyst estimates.
Star Equity Hldgs reported lower than expected earnings and sales for Q2. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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