Eneti: Q4 Earnings Insights

Comments
Loading...

 

Eneti NETI reported its Q4 earnings results on Wednesday, February 23, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Also check this: Tesla And 4 Other Stocks Sold By Insiders

Earnings

Eneti missed estimated earnings by 347.62%, reporting an EPS of $-0.94 versus an estimate of $-0.21.

Revenue was up $33.54 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.04 which was followed by a 7.3% drop in the share price the next day.

Here's a look at Eneti's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.48 0.21 -0.14 -0.29
EPS Actual -0.56 0.90 2.75 -0.36
Revenue Estimate 28.51M 24.30M 28.68M 49.56M
Revenue Actual 34.36M 37.65M 59.83M 50.05M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!