Investing.com - Star Asia reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Star Asia announced earnings per share of ¥1430.55 on revenue of ¥6.09B. Analysts polled by Investing.com anticipated EPS of ¥1640.38 on revenue of ¥5,960M.
Star Asia shares are down 6.64% from the beginning of the year , still down 10.99% from its 52 week high of ¥66,400.00 set on Tuesday, January 18, 2022.
Star Asia follows other major Real Estate sector earnings this month
Star Asia's report follows an earnings beat by Japan Hotel Reit on Wednesday, August 24, 2022, who reported EPS of ¥-105.54 on revenue of ¥5.43B, compared to forecasts EPS of ¥-105.57 on revenue of ¥8,392M.
Invincible had beat expectations on Thursday, August 25, 2022 with second quarter EPS of ¥166.51 on revenue of ¥7.68B, compared to forecast for EPS of ¥-88.45 on revenue of ¥10,973M.
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