Eneti Inc expected to post a loss of 36  cents a share - Earnings Preview

Eneti

10/05/2022 19:34

* Eneti Inc  NETI.N   NETI.K  is expected to show a fall in
quarterly revenue when it reports  results on May 12. 
    * The Monaco City Monaco-based   company is expected to
report  a
69.7% decrease in revenue to $18.109 million from $59.83 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eneti Inc is for a
loss
of 36 cents per share. For the same quarter last year, the
company reported earnings of $3.84 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 had fallen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Eneti Inc
is
$12​, above​ its last closing price of $6.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.46       -0.21      -0.94     Missed  -342.4
 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.        -0.32       -7.24      -40.90    Missed  -465.2
 31 2020                                                
 Sep. 30 2020  -1.30       -1.26      -1.45     Missed  -14.9​
 Jun. 30 2020  -3.55       -3.86      -5.73     Missed  -48.3
 Mar. 31 2020  -2.21       -2.07      -18.12    Missed  -774.3
 This summary was machine generated May 10 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated