Eneti Inc expected to post earnings of 4  cents a share - Earnings Preview

Eneti

04/08/2023 17:17

* Eneti Inc  NETI.N   NETI.K  is expected to show a fall in
quarterly revenue when it reports  results on August 8. 
    * The Monaco City Monaco-based   company is expected to
report  a
37.5% decrease in revenue to $38.287 million from $61.28 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eneti Inc is for
earnings
of 4 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," 1 "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
$14​, above​ its last closing price of $12.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.84       -0.86      -0.48     Beat    44.5
 Dec. 31 2023  -0.15       -0.15      0.32      Beat    308.6
 Sep. 30 2022  0.68        0.71       0.95      Beat    34.5​
 Jun. 30 2022  0.28        0.29       1.36      Beat    372.2
 ​​Mar.        -0.38       -0.36      0.11      Beat    130.1
 31 2022                                                
 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
 This summary was machine generated August 4 at 16:17 GMT.  All
figures in US dollars  unless otherwise stated