iStar STAR reported its Q2 earnings results on Thursday, August 4, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
iStar beat estimated earnings by 31.15%, reporting an EPS of $-0.42 versus an estimate of $-0.61.
Revenue was down $57.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $2.71 which was followed by a 1.89% increase in the share price the next day.
Here's a look at iStar's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.08 | -0.21 | 0.31 | 0.15 |
| EPS Actual | 7.79 | 0.87 | 1.76 | 0.15 |
| Revenue Estimate | 43.25M | 101.84M | 105.02M | 101.89M |
| Revenue Actual | 31.95M | 50.76M | 195.49M | 105.59M |
To track all earnings releases for iStar visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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