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

Energy Recovery

05/08/2026 23:39

Energy Recovery, Inc. ERII.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 7 cents.  The mean expectation of four analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -4 cents tozero cents per share.
Revenue fell 57.2% to $12.00 million from a year ago; analysts expected $19.52 million. 
Energy Recovery, Inc.'s reported EPS for the quarter was a loss of 6 cents​.
The company reported a quarterly loss of $3.2 million.
Energy Recovery, Inc. shares had risen by 1.1% this quarter and lost 32.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 132.4% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is  "buy."
Wall Street's median 12-month price target for Energy Recovery, Inc. is $11.50, about 20.7% above its last closing price of $9.12
This summary was machine generated from LSEG data August 5 at 10:39 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 2026 
-0.02
-0.03
Missed
Mar. 31 2026 
-0.09
-0.11
Missed
Dec. 31 2025 
0.67
0.53
Missed
Sep. 30 2025 
0.10
0.12
Beat