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StarHub sees 3.5% growth in 4Q20 earnings of $36.1 mil, 15.2% lower earnings for FY20 of $157.9 mil - THE EDGE SINGAPORE

Results

StarHub sees 3.5% growth in 4Q20 earnings of $36.1 mil, 15.2% lower earnings for FY20 of $157.9 mil

StarHub has posted earnings of $36.1 million for the 4QFY2020 ended December, 3.5% higher than earnings of $34.9 million in the corresponding period the year before.

Results

StarHub withdraws all guidance for 2020 as 1Q earnings tumble 26% to $40.2 mil

SINGAPORE (May 6): StarHub is withdrawing its financial guidance for the year after reporting earnings of $40.2 million for 1QFY2020 ended March, some 25.7% lower than earnings of $54 million a yea

Broker's Calls

Analysts have mixed calls on StarHub amid stiff competition, 5G uncertainties

SINGAPORE (Feb 21): StarHub yesterday announced its 4Q19 earnings and analysts have rather mixed reactions on the counter.

Results

Starhub posts 36.1% drop in 2Q earnings to $39.5 mil on lower revenue

SINGAPORE (Aug 6): Starhub reported earnings of $39.5 million for the 2Q19 ended June, down 36.1% from $61.7 million the previous year.

Results

StarHub's 1Q earnings fall 14.9% to $61.5 mil on lower sales

SINGAPORE (May 3): StarHub reported a 14.9% decline in 1Q18 earnings to $61.5 million from $72.3 million a year ago on lower sales.

Broker's Calls

StarHub’s unsurprising 1Q results continue to forebode challenges ahead

SINGAPORE (May 4): OCBC Investment Research and UOB Kay Hian are maintaining their “sell” and “hold” recommendations on StarHub at a respective target price of $2.40 and $2.98.

Results

StarHub posts 21% decline in 1Q earnings to $73 mil on higher expenses, lower other income

SINGAPORE (May 3): StarHub reported $73.1 million in earnings for the 1Q ended March, 21.3% lower as compared to $92.8 million reported the year before on the back of higher operating expenses and

Broker's Calls

StarHub says no intention of merging with M1

SINGAPORE (March 31): Maybank Kim Eng Research continues to rate StarHub at “sell” at an unchanged price target of $2.49, foreseeing turbulent times ahead for the local telco despite it announcing

Results

StarHub’s 3Q earnings drop 27.6% to $86 mil from lower mobile services revenue, decline in non-operating income

SINGAPORE (Nov 2): StarHub reported a 27.6% fall in earnings to $86 million in 3Q from a year ago.

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