Enviri Corp reports results for the quarter ended in September 30 - Earnings Summary

Enviri

01/11/2024 03:43

* Enviri Corp  NVRI.N  reported a quarterly adjusted loss of
1
cent​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 5
cents.  The mean expectation of four analysts for the quarter
was for earnings of 7 cents per share. Wall Street expected
results to range from 4 cents to 10 cents per share.
    * Revenue rose 9.3% to $573.63 million from a year ago;
analysts
expected $613.63 million. 
    * Enviri Corp's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $13.17 million.
    * Enviri Corp shares had fallen by 2.9% this quarter and
gained 11.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Enviri Corp is
14.50 
This summary was machine generated from LSEG data November 1 at
03:43 a.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
 Sep. 30 2024      0.07           -0.01          Missed
 Jun. 30 2024      0.00           0.02           Beat
 Mar. 31 2024      -0.09          -0.03          Beat
 Dec. 31 2023      -0.07          -0.07          Met