Eneti Inc expected to post earnings of 71cents a share - Earnings Preview

Eneti

04/11/2022 19:32

* Eneti Inc  NETI.N   NETI.K  is expected to show a rise in
quarterly revenue when it reports  results on November 8. 
    * The Monaco City Monaco-based   company is expected to
report  a
85.6% increase in revenue to $63.785 million from $34.36 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 71 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "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
$11.8​, above​ its last closing price of $8.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.28        0.29       1.36      Beat    372.2
 Mar. 31 2022  -0.38       -0.36      0.11      Beat    130.1
 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.        0.10        0.21       1.19      Beat    456.1
 30 2021                                                
 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. 30 2020  -1.30       -1.26      -1.45     Missed  -14.9
 This summary was machine generated November 4 at 19:31 GMT.  All
figures in US dollars  unless otherwise stated