Investing.com - Eneti reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Eneti announced earnings per share of $0.95 on revenue of $69.19M. Analysts polled by Investing.com anticipated EPS of $0.68 on revenue of $62.14M.
Eneti shares are down 41.36% from the beginning of the year and are trading at $9.37 , down-from-52-week-high.
Eneti shares gained 5.52% in intra-day trade the report.
Eneti follows other major Industrials sector earnings this month
Eneti's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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