Star Bulk Carriers Corp. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue was USD 344.28 million compared to USD 223.09 million a year ago. Net income was USD 81.27 million compared to USD 43.66 million a year ago. Basic earnings per share from continuing operations was USD 0.7 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to USD 0.45 a year ago.
For the nine months, revenue was USD 956.54 million compared to USD 685.81 million a year ago. Net income was USD 262.21 million compared to USD 133.85 million a year ago. Basic earnings per share from continuing operations was USD 2.54 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 2.48 compared to USD 1.3 a year ago.