Eneti Inc reports results for the quarter ended in December - Earnings Summary

Eneti

23/02/2022 14:25

* Eneti Inc  NETI.N  reported a quarterly adjusted loss
of 94
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 21
cents per share.
    * Revenue fell 67% to $16.52 million from a year ago; 
analysts
expected $28.21 million. 
    * Eneti Inc's reported EPS for the quarter was a loss of
$1.00​.
    * The mean earnings estimate of analysts had fallen by
about 141.8% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Eneti Inc shares had fallen by 11.4% this quarter.
    * The company reported a quarterly loss of $28.28 million.
    * Wall Street's median 12-month price target for Eneti Inc
is
$13.50 
    * 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." 

This summary was machine generated February 23 at 02:24 p.m.
 ​All figures in US dollars unless otherwise stated