Star Equity Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
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Star Equity Holdings IncQ) reported adjusted earnings of $1.86 per share for the quarter ended June 30, significantly up from -76 cents a year ago. Revenue increased by 75.8% to $23.71 million, surpassing analyst expectations of $16.75 million. The company’s reported EPS was 86 cents, with a net income of $2.78 million. Despite a 0.5% rise this quarter, shares have dropped 11.1% this year. Analysts maintain a "buy" rating, with a median 12-month price target of $8.50, 76.4% above the last closing price of $2.01.
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