Energy Recovery Inc expected to post earnings of 6  cents a share - Earnings Preview

Energy Recovery

05/05/2021 01:34

* Energy Recovery Inc  ERII.OQ   ERII.O  is expected to show
a rise in quarterly revenue when it reports results on May 6.
* The San Leandro, California-based company is expected to
report   a 43.9% increase in revenue to $31 million from $21.54
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 6 cents per share. For the same quarter last
year, the company reported earnings of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by
about 23.8% in the last three months. ​
* Wall Street's median 12-month price target for Energy Recovery
Inc is $21​, about 0.7% below​ its last closing price
of $21.14. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.12        0.10       0.33      Beat    230​
 Mar. 31 2020  0.00        0.01       0.01      Met     0
 Dec.          -0.03​      -0.02      -0.01     Beat    42.9​
 31​ 2019​                                              
 Sep. 30 2019  0.03        0.03       0.07      Beat    154.5​
 Jun. 30 2019  0.06        0.05       0.07      Beat    55.6
 Mar. 31 2019  -0.01       0.00       0.05      Beat    1,400
 This summary was machine generated May 5 at 00:34 GMT.  All
figures in US dollars unless otherwise stated