Energy Recovery Inc expected to post a loss of 3 cents a share - Earnings Preview

Energy Recovery

05/05/2025 23:06

Energy Recovery Inc ERII.OQ ERII.O is expected to show a rise in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The San Leandro California-based  company is expected to report a 81.2% increase in revenue to $21.908 million from $12.09 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Energy Recovery Inc is for a loss of 3 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Energy Recovery Inc is $20.00​, above​ its last closing price of $15.80. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.38
0.38
0.41
Beat
8.8
Sep. 30 2024
0.07
0.09
0.15
Beat
66.7
Jun. 30 2024
-0.11
-0.11
-0.01
Beat
91.1​
Mar. 31 2024
-0.14
-0.13
-0.14
Missed
-3.7
​​Dec. 31 2023
0.38
0.38
0.34
Missed
-9.9
Sep. 30 2023
0.06
0.05
0.17
Beat
223.8​
Jun. 30 2023
-0.01
-0.01
-0.03
Missed
-200
Mar. 31 2023
-0.13
-0.13
-0.11
Beat
17.5

This summary was machine generated May 5 at 22:06 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)