Star Bulk Carriers (SBLK) Q1 2025 Earnings Call May 15, 2025 11:00 AM ET Company Participants Christos Begleris - Co-CFONicos Rescos - Chief Operating OfficerCharis Plakantonaki - Chief Strategy OfficerPetros Pappas - CEO & DirectorOmar Nokta - Managing DirectorDouglas Smith - Chairman Conference Call Participants Christopher Robertson - Equity Research Analyst - Vice President Operator Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers Conference Call on the First Quarte ...

Star Bulk Carriers (SBLK) Q1 2025 Earnings Call May 15, 2025 11:00 AM ET Speaker0 Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers Conference Call on the First Quarter twenty twenty five Financial Results. We have with us Petros Papas, Chief Executive Officer Mr. Hamish Norton, President Mr. Simo Spiro and Mr. Christos Begleris, Co Chief Executive Officers Mr. Nikos Rescos, Chief Operating Officer and Ms. Charz Plakapanaki, Chief Strategy Officer of the company. At this ...

Star Bulk Carriers (SBLK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 69.57%. A quarter ago, it was expected that this shipping company would post earnings of $0.42 per share when it actually produced earnings of $0.34, delivering a surprise of -19.05%.Over the last four quarters, the ...

FINANCIAL RESULTS Q1 2025 May 2025 Forward-Looking Statements This presentation contains certain forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include statements concerning the Company's plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, identified by words such as "be ...

ATHENS, Greece, May 14, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2025 and the amendment of its dividend policy to pay a minimum quarterly dividend of $0.05 per share. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "ou ...

ATHENS, Greece, May 14, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that the Company’s Annual Meeting of Shareholders was duly held today in Cyprus pursuant to a Notice of Annual Meeting of Shareholders dated March 25, 2025 (“Notice”). At the meeting, each of the following proposals, which are set forth in more detail in the Notice and the Company’s Proxy Statement were approved and adopted:1. The re-election of Messrs. Petros Pappas, Arne ...

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter ended March 31, 2025, after the market closes in New York on Wednesday, May 14, 2025. Star Bulk's management team will host a conference call to discuss the Company's financial results on Thursday, May 15, 2025, at 11:00 a.m. Eastern Time (ET). Conference Call details: Participants should dial into the call 10 minutes ...

Star Bulk Carriers (SBLK) closed the latest trading day at $14.80, indicating a +0.41% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.63%. At the same time, the Dow added 0.21%, and the tech-heavy Nasdaq gained 1.52%.Shares of the shipping company have depreciated by 5.81% over the course of the past month, underperforming the Transportation sector's loss of 5.27% and the S&P 500's loss of 0.7%.Investors will be eagerly watching for the performance ...

Company Performance - Star Bulk Carriers (SBLK) closed at $14.51, reflecting a +0.42% change from the previous trading day, underperforming the S&P 500's gain of 0.74% [1] - The stock has decreased by 9.18% over the past month, compared to a loss of 7.86% in the Transportation sector and a 4.77% loss in the S&P 500 [1] Earnings Expectations - The upcoming earnings disclosure is expected to show an EPS of -$0.28, representing a 132.18% decline year-over-year [2] - Quarterly revenue is anticipated to be $203.25 million, down 21.64% from the same period last year [2] Full-Year Estimates - Full-year Zacks Consensus Estimates project earnings of $1.28 per share and revenue of $1.09 billion, indicating year-over-year declines of -51.33% and -14.14%, respectively [3] Analyst Projections - Recent shifts in analyst projections for Star Bulk Carriers should be monitored, as they reflect short-term business trends and can influence stock performance [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Valuation - The Zacks Rank system currently rates Star Bulk Carriers at 4 (Sell), with a 16.63% decrease in the consensus EPS estimate over the last 30 days [6] - The company has a Forward P/E ratio of 11.29, which is higher than the industry average of 9.6 [7] Industry Context - The Transportation - Shipping industry holds a Zacks Industry Rank of 224, placing it in the bottom 10% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks [8]

Group 1 - The Company, Star Bulk Carriers Corp., filed its annual report on Form 20-F with the SEC on March 19, 2025, which includes audited financial statements for the fiscal year ended December 31, 2024 [1] - Star Bulk is a global shipping company specializing in seaborne transportation solutions in the dry bulk sector, transporting major and minor bulk commodities [2] - The Company was incorporated in the Marshall Islands in 2006 and operates a fleet of 150 vessels with a total capacity of 15.0 million deadweight tons (dwt) upon delivery of five Kamsarmax vessels currently under construction [2]