Overview
Environmental services firm's Q4 revenue slightly beat analyst expectations
Adjusted EBITDA for Q4 beat analyst expectations
Company's GAAP loss impacted by Clean Earth sale and Harsco spin-off expenses
Outlook
Enviri expects 2026 Adjusted EBITDA to be modestly below 2025 levels
Company projects improved cash generation for 2026 despite muted free cash flow
Enviri to revise Adjusted EBITDA calculation to include stock-based compensation
Result Drivers
HARSCO ENVIRONMENTAL - Revenue increased due to higher service demand and new contracts, despite global steel industry challenges
CLEAN EARTH - Revenue growth driven by higher service pricing and volumes in hazardous materials business
HARSCO RAIL - Significant revenue decline due to lower equipment and aftermarket parts volumes
Company press release: ID:nGNXzfn4G
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$556 mln
$550.90 mln (3 Analysts)
Q4 Adjusted EBITDA
Beat
$70 mln
$65.07 mln (3 Analysts)
Q4 Adjusted EBITDA Margin
12.60%
Q4 Adjusted EPS continuing operations
-$0.17
Q4 EPS continuing operations
-$1.07
Q4 Operating Income
-$33 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
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.)