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Sep 30, 2024
Star Holdings Q3 2024 Earnings Report
Star Holdings reported third quarter results, with net income driven by a non-cash adjustment from SAFE shares.
Key Takeaways
Star Holdings reported a net income of $91.9 million, with earnings per share of $6.90 for the third quarter of 2024. These results include a $93.8 million non-cash adjustment related to the company's investment in SAFE shares.
Net income for the third quarter was $91.9 million.
Earnings per share for the third quarter was $6.90.
Land revenues were $6.1 million from 31 lots sold at Magnolia Green.
Real estate sales income was $3.7 million from condominium closings at Asbury Ocean Club.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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