Eneti (NYSE: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.