Eneti Inc expected to post a loss of 21  cents a share - Earnings Preview

Eneti

21/02/2022 18:42

* Eneti Inc  NETI.N   NETI.K  is expected to show a fall in
quarterly revenue when it reports  results on February 23. 
    * The Monaco City Monaco-based   company is expected to
report  a
43.6% decrease in revenue to $28.213 million from $50.05 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eneti Inc is for a
loss
of 21 cents per share. For the same quarter last year, the
company reported a loss of $40.90 per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eneti Inc
is
$13.5​, about 50.4% above​ its last closing price of $6.69. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.37        0.56       -0.51     Missed  -191.6
 Jun. 30 2021  0.10        0.21       1.19      Beat    456.1
 Mar. 31 2021  -0.13       -0.14      3.84      Beat    2,794.
                                                        7​
 Dec. 31 2020  -0.32       -7.24      -40.90    Missed  -465.2
 ​​Sep.        -1.30       -1.26      -1.45     Missed  -14.9
 30 2020                                                
 Jun. 30 2020  -3.55       -3.86      -5.73     Missed  -48.3​
 Mar. 31 2020  -2.21       -2.07      -18.12    Missed  -774.3
 Dec. 31 2019  -0.69       -0.02      2.10      Beat    9,230.
                                                        4
 This summary was machine generated February 21 at 18:42 GMT. 
All figures in US dollars  unless otherwise stated