Star Bulk(US:SBLK) ZACKSยท2025-02-11 16:06Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Star Bulk Carriers despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Star Bulk Carriers is expected to report quarterly earnings of $0.42 per share, reflecting a year-over-year decrease of 42.5% [3]. - Revenues are projected to be $287.05 million, which is a 9% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 114.83% over the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate for Star Bulk Carriers is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -8.43% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with positive readings being more predictive of earnings beats [5][7]. - Stocks with a positive Earnings ESP and a strong Zacks Rank have historically shown a nearly 70% success rate in beating earnings expectations [8]. Historical Performance - In the last reported quarter, Star Bulk Carriers met the expected earnings of $0.71 per share, resulting in no surprise [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Industry Context - In the Zacks Transportation - Shipping industry, Scorpio Tankers is expected to report earnings of $0.49 per share, indicating a year-over-year decline of 82.2% [17]. - Scorpio Tankers has seen a 51.2% downward revision in its consensus EPS estimate over the last 30 days, with an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [18].