Recap: Eneti Q3 Earnings

Eneti (NYSE:NETI) reported its Q3 earnings results on Wednesday, December 8, 2021 at 08:28 AM.

Here's what investors need to know about the announcement.

Eneti missed estimated earnings by 216.67%, reporting an EPS of $-0.56.

Revenue was up $12,332,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.69, which was followed by a 1.37% increase in the share price the next day.

Here's a look at Eneti's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.21	-0.14	-0.29
EPS Actual	0.90	2.75	-0.36
Revenue Estimate	24.30M	28.68M	49.56M
Revenue Actual	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.