Energy Recovery Inc expected to post earnings of 15cents a share - Earnings Preview

Energy Recovery

20/02/2023 23:34

* Energy Recovery Inc  ERII.OQ   ERII.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
22. 
    * The San Leandro California-based  company is expected to
report 
a 20.5% increase in revenue to $40.463 million from $33.58
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Energy Recovery Inc
is
for earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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​, above​ its last closing price of $21.67. ​​​

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 2022  0.10        0.10       0.09      Missed  -12.2
 Jun. 30 2022  -0.04       -0.04      -0.04     Met     -9.1
 Mar. 31 2022  0.06        0.06       0.14      Beat    124​
 Dec. 31 2021  0.12        0.11       0.09      Missed  -20.6
 ​​Sep.        -0.01       0.00       0.02      Beat    500
 30 2021                                                
 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
 This summary was machine generated February 20 at 23:33 GMT. 
All figures in US dollars  unless otherwise stated