Q2 2024 Earnings Estimate for Star Equity Holdings, Inc. (NASDAQ:STRR) Issued By Litchfield Hills Research

Star Equity Holdings, Inc. (NASDAQ:STRR) – Equities research analysts at Litchfield Hills Research boosted their Q2 2024 EPS estimates for Star Equity in a report issued on Wednesday, May 22nd. Litchfield Hills Research analyst T. O’neill now forecasts that the company will post earnings of ($0.02) per share for the quarter, up from their previous forecast of ($0.03). The consensus estimate for Star Equity’s current full-year earnings is ($0.15) per share. Litchfield Hills Research also issued estimates for Star Equity’s Q3 2024 earnings at $0.00 EPS, Q4 2024 earnings at ($0.03) EPS, FY2024 earnings at ($0.14) EPS and FY2025 earnings at ($0.01) EPS.

Star Equity Stock Performance

Shares of STRR opened at $0.90 on Friday. The stock has a market cap of $14.27 million, a PE ratio of 0.69 and a beta of 0.23. Star Equity has a fifty-two week low of $0.75 and a fifty-two week high of $1.59. The firm’s 50-day simple moving average is $0.90 and its two-hundred day simple moving average is $0.96.

Star Equity (NASDAQ:STRR) last announced its quarterly earnings results on Friday, March 22nd. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. Star Equity had a net margin of 52.81% and a negative return on equity of 5.42%. The company had revenue of $14.11 million for the quarter, compared to analysts’ expectations of $9.00 million.

About Star Equity

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.