Energy Recovery Inc reports results for the quarter ended June 30 - Earnings Summary

Energy Recovery

06/08/2025 22:56

Energy Recovery Inc ERII.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -1 cents.  The mean expectation of three analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 1 cents per share.

Revenue rose 3.1% to $28.05 million from a year ago; analysts expected $25.43 million.

Energy Recovery Inc's reported EPS for the quarter was 4 cents​.

The company reported quarterly net income of $2.05 million.

Energy Recovery Inc shares had risen by 6.7% this quarter and lost 7.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 94.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Energy Recovery Inc is $15.50, about 12.1% above its last closing price of $13.63

This summary was machine generated from LSEG data August 6 at 09:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.00
0.07
Beat
Mar. 31 2025
-0.03
-0.18
Missed
Dec. 31 2024
0.38
0.45
Beat
Sep. 30 2024
0.09
0.15
Beat