iStar: Q3 Earnings Insights

iStar STAR reported its Q3 earnings results on Thursday, November 3, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

iStar beat estimated earnings by 725.0%, reporting an EPS of $0.33 versus an estimate of $0.04.

Revenue was down $147.73 million from the same period last year.

Last quarter the company beat on EPS by $0.19 which was followed by a 1.35% increase in the share price the next day.

Here's a look at iStar's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.61	5.08	-0.21	0.31
EPS Actual	-0.42	7.79	0.87	1.76
Revenue Estimate	40.70M	43.25M	101.84M	105.02M
Revenue Actual	48.06M	31.95M	50.76M	195.49M

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.