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

Eneti

09/02/2023 15:26

* Eneti Inc  NETI.N  reported quarterly adjusted earnings of
32
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 182.2% to $46.60 million from a year ago;
analysts
expected $33.04 million. 
    * Eneti Inc's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Eneti Inc shares had fallen by 2.3% this quarter.
    * The company reported quarterly net income of $11.79
million.
    * Wall Street's median 12-month price target for Eneti Inc
is
$13.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 03:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.15          0.32           Beat
 Sep. 30 2022      0.71           0.95           Beat
 Jun. 30 2022      0.29           1.36           Beat
 Mar. 31 2022      -0.36          0.11           Beat