Recap: Eneti Q3 Earnings

Eneti NETI reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:30 AM.

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

Eneti beat estimated earnings by 81.48%, reporting an EPS of $0.49 versus an estimate of $0.27.

Revenue was down $16.00 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 1.75% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.06	-0.86	-0.15	0.71
EPS Actual	0.08	-0.48	0.32	0.73
Revenue Estimate	38.98M	12.32M	33.04M	63.78M
Revenue Actual	38.85M	13.82M	46.60M	69.19M

To track all earnings releases for Eneti visit their earnings calendar here.

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