financetom
Business
financetom
/
Business
/
Star Equity's Q2 revenue up 76%, beats estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Star Equity's Q2 revenue up 76%, beats estimates
Aug 13, 2025 6:14 AM

Overview

* Star Equity Q2 2025 revenue grows 76%, beating analyst expectations, per LSEG data

* Adjusted EPS for Q2 2025 beats consensus, reflecting improved operational performance

* Building Solutions division drives revenue growth with large commercial projects and acquisitions

Outlook

* Star Equity ( STRR ) expects strong second half 2025 performance from Building Solutions

* Company's Building Solutions backlog stands at $25.7 mln, indicating strong demand

* Star Equity ( STRR ) optimistic about converting pipeline opportunities into signed contracts

* Merger with Hudson Global expected to create shareholder value through diversification

Result Drivers

* BUILDING SOLUTIONS - Revenue growth driven by large commercial projects and acquisitions of Timber Technologies Solutions and Alliance Drilling Tools

* ENERGY SERVICES - Division performed robustly despite challenging macroeconomic conditions

* INVESTMENTS DIVISION - Contributed $5.8 mln in adjusted EBITDA mainly due to realized gain from Servotronics sale

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $23.70 $16.80

Revenue mln mln (2

Analysts

)

Q2 Beat $1.87 -$0.6 (2

Adjusted Analysts

EPS )

Q2 Beat $6 mln -$1.90

Adjusted mln (2

Net Analysts

Income )

Q2 Net $3.50

Income mln

Q2 Beat $7 mln -$100,00

Adjusted 0 (1

EBITDA Analyst)

Q2 Gross $6.30

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the homebuilding peer group is "buy"

* Wall Street's median 12-month price target for Star Equity Holdings Inc ( STRR ) is $8.50, about 76.4% above its August 12 closing price of $2.01

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
89bio Prices $250 Million Offering of Stock, Warrants
89bio Prices $250 Million Offering of Stock, Warrants
Jan 29, 2025
04:47 AM EST, 01/29/2025 (MT Newswires) -- 89bio (ETNB) said late Tuesday it priced an underwritten public offering of 21.7 million common shares at $8.75 per share and, in lieu of common shares to a certain investor, pre-funded warrants to purchase up to 6.9 million shares for expected gross proceeds of $250 million. The pre-funded warrants are priced at $8.749...
McDonald's India operator posts Q3 profit drop as expenses rise
McDonald's India operator posts Q3 profit drop as expenses rise
Jan 29, 2025
Jan 29 (Reuters) - Westlife Foodworld, the operator of McDonald's in India, reported a 59% drop in third-quarter profit on Wednesday, as expenses rose amid store count expansion and higher advertising spending. Quick service restaurant operators have seen demand falter as persistently high food inflation and subdued wage growth have led consumers to cut back on discretionary spending. Westlife, which...
Volvo Cars buys Northvolt's stake in EV battery venture NOVO
Volvo Cars buys Northvolt's stake in EV battery venture NOVO
Jan 29, 2025
STOCKHOLM (Reuters) - Volvo Cars has signed an agreement to buy struggling Swedish battery maker Northvolt's stake in their joint battery venture NOVO Energy, the Sweden-based automaker said on Wednesday, without disclosing the price. Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory in Gothenburg on Sweden's west coast....
American Axle & Manufacturing Agrees on Terms to Acquire UK's Dowlais Group for $1.44 Billion Stock-and-Cash
American Axle & Manufacturing Agrees on Terms to Acquire UK's Dowlais Group for $1.44 Billion Stock-and-Cash
Jan 29, 2025
04:51 AM EST, 01/29/2025 (MT Newswires) -- American Axle & Manufacturing ( AXL ) said early Wednesday it reached an agreement on the terms for an offer to acquire the UK-based Dowlais Group (LON: DWL) in a $1.44 billion stock-and-cash deal. The planned acquisition represents a 25% premium to Dowlais' closing share price on Tuesday. Dowlais shareholders will receive 0.0863...
Copyright 2023-2026 - www.financetom.com All Rights Reserved