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

Eneti

08/11/2022 14:32

* Eneti Inc  NETI.N  reported quarterly adjusted earnings of
95
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of 71 cents per share.
    * Revenue rose 101.4% to $69.19 million from a year ago;
analysts
expected $63.79 million. 
    * Eneti Inc's reported EPS for the quarter was 95 cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Eneti Inc shares had risen by 33.1% this quarter and
gained 14.7% so far this year.
    * The company reported quarterly net income of $36.19
million.
    * Wall Street's median 12-month price target for Eneti Inc
is
$11.80 
    * 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 November
8 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.71           0.95           Beat
 Jun. 30 2022      0.29           1.36           Beat
 Mar. 31 2022      -0.36          0.11           Beat
 Dec. 31 2021      -0.21          -0.94          Missed