earnings
confidence high
sentiment negative
materiality 0.75
Star Holdings Q4 net loss $102.6M, EPS ($7.70); FY loss $86.8M
Star Holdings
2024-FY EPS reported
-$6.51
revenue$113,297,000
- Non-cash mark-to-market on SAFE shares reduced EPS by ($7.87) in Q4 and ($4.99) for FY.
- Sold California property for $21.5M, generating $12.3M profit; provided $17.75M buyer loan.
- Portfolio includes Asbury Park Waterfront, Magnolia Green, other CRE assets and SAFE shares.
- Form 10-K filed; company intends to realize value via asset sales and cash flow generation.