Energy Recovery Inc expected to post earnings of 11  cents a share - Earnings Preview

Energy Recovery

23/02/2022 01:41

* Energy Recovery Inc  ERII.OQ   ERII.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
24. 
    * The San Leandro California-based  company is expected to
report 
a 19.8% increase in revenue to $31.65 million from $26.43
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 earnings of 11 cents per share. For the same quarter last
year, the company reported earnings of 6 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 $26.5​, about 29.7% above​ its last closing price
of $18.64. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.01       0.00       0.02      Beat    500
 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.        0.05        0.03       0.10      Beat    207.7
 30 2020                                                
 Jun. 30 2020  0.12        0.10       0.33      Beat    230​
 Mar. 31 2020  0.00        0.01       0.01      Met     0
 Dec. 31 2019  -0.03       -0.02      -0.01     Beat    42.9
 This summary was machine generated February 23 at 01:41 GMT. 
All figures in US dollars  unless otherwise stated