Star Bulk Carriers (SBLK) reported Q4 adjusted earnings late Tuesday of $0.34 per diluted share, down from $0.73 a year ago.
Analysts polled by FactSet expected $0.36.
Time charter equivalent revenue for the quarter ended Dec. 31 rose to $216.8 million from $191.9 million a year earlier.
Analysts surveyed by FactSet expected $239.4 million.
The company's shares were down 10% in after-hours activity.