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

Energy Recovery

03/05/2022 03:02

* Energy Recovery Inc  ERII.OQ   ERII.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 4. 
    * The San Leandro California-based  company is expected to
report 
a 0.2% increase in revenue to $29 million from $28.94 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 6 cents per share. For the same quarter last
year, the company reported earnings of 12 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 $27.5​, above​ its last closing price of $18.72. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.12        0.11       0.09      Missed  -20.6
 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.        0.06        0.04       0.06      Beat    38.5
 31 2020                                                
 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
 This summary was machine generated May 3 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated