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 October 25, 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 October 27 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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