Eneti (NYSE:NETI) reported its Q2 earnings results on Wednesday, August 3, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Eneti beat estimated earnings by 151.72%, reporting an EPS of $0.73 versus an estimate of $0.29.
Revenue was up $23.63 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 10.66% increase in the share price the next day.
Here’s a look at Eneti’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.36 | -0.21 | 0.48 | 0.21 |
| EPS Actual | -0.37 | -0.94 | -0.56 | 0.90 |
| Revenue Estimate | 18.11M | 28.21M | 28.51M | 24.30M |
| Revenue Actual | 22.44M | 16.52M | 34.36M | 37.65M |
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.
