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.

Earnings

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.

Past Earnings Performance

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.

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