Eneti (NYSE:NETI) reported its Q1 earnings results on Thursday, May 12, 2022 at 07:59 AM.
Here's what investors need to know about the announcement.
Earnings
Eneti missed estimated earnings by 2.78%, reporting an EPS of $-0.37 versus an estimate of $-0.36.
Revenue was down $37.39 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.73 which was followed by a 10.59% drop in the share price the next day.
Here's a look at Eneti's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | 0.48 | 0.21 | -0.14 |
| EPS Actual | -0.94 | -0.56 | 0.90 | 2.75 |
| Revenue Estimate | 28.21M | 28.51M | 24.30M | 28.68M |
| Revenue Actual | 16.52M | 34.36M | 37.65M | 59.83M |
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.
