Eneti (NYSE: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.
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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 |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
