Investing.com - Star Bulk Carriers reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Star Bulk Carriers announced earnings per share of $1.33 on revenue of $364.1M. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $285.7M.
Star Bulk Carriers shares are down 13% from the beginning of the year and are trading at $19.37 , down-from-52-week-high.
Star Bulk Carriers shares lost 1.37% in after-hours trade the report.
Star Bulk Carriers follows other major Industrials sector earnings this month
Star Bulk Carriers's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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