Energy Recovery Inc expected to post breakeven results a share - Earnings Preview

Energy Recovery

27/10/2021 11:08

* Energy Recovery Inc  ERII.OQ   ERII.O  is expected to show a
fall in quarterly revenue when it reports results on October 28
(estimated). 
* The San Leandro, California-based company is expected to
report  a 25.6% decrease in revenue to $20.4 million from $27.41
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Energy Recovery Inc is
for breakeven results per share. For the same quarter last year,
the company reported earnings of 10 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 $24.5​, about 20.1% above​ its last closing price
of $19.57. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.03        0.01       0.02      Beat    50
 Mar. 31 2021  0.07        0.06       0.12      Beat    89.5
 Dec. 31 2020  0.06        0.04       0.06      Beat    38.5​
 Sep. 30 2020  0.05        0.03       0.10      Beat    207.7
 Jun.          0.12​       0.10       0.33      Beat    230​
 30​ 2020​                                              
 Mar. 31 2020  0.00        0.01       0.01      Met     0​
 Dec. 31 2019  -0.03       -0.02      -0.01     Beat    42.9
 Sep. 30 2019  0.03        0.03       0.07      Beat    154.5
 This summary was machine generated October 27 at 10:08 GMT.  All
figures in US dollars unless otherwise stated