Enviri Q1 adjusted EPS turns positive on Harsco Environmental boost

Enviri

11/05/2026 21:26

Overview

US environmental services provider's Q1 revenue was nearly flat yr/yr, up slightly vs prior year

Adjusted diluted EPS from continuing operations improved to $0.10 from a $0.11 loss yr/yr

Company remains on track to complete Clean Earth sale and spin-off of Harsco units in Q2

Outlook

Enviri reaffirms 2026 Adjusted EBITDA outlook for Harsco Environmental and Harsco Rail

Company expects Harsco Environmental 2026 Adjusted EBITDA of $170 mln to $180 mln

Company projects Harsco Rail 2026 Adjusted EBITDA of $(26) mln to $(19) mln

Result Drivers

SEGMENT PERFORMANCE - Harsco Environmental revenue rose due to FX gains and higher services demand at existing sites, partially offset by contract exits

WEATHER IMPACT - Clean Earth revenue fell due to less project-related work and lower industrial volumes, much of which was the result of weather-related disruptions

EQUIPMENT SALES - Harsco Rail revenue declined due to lower equipment revenues and the absence of a favorable contract adjustment from the prior year, partly offset by higher aftermarket parts and contracted services

Company press release: ID:nGNX7xm3t5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$550 mln
$546.25 mln (2 Analysts)
Q1 Adjusted EBITDA
Beat
$65 mln
$58.35 mln (2 Analysts)
Q1 Adjusted EBITDA Margin
11.80%
Q1 Adjusted EPS continuing operations
$0.10
Q1 EPS continuing operations
-$0.12
Q1 Operating Income
$1 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Enviri Corp is $21.00, about 9% above its May 8 closing price of $19.26

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)