Environmental services firm Enviri Q3 loss widens, cuts forecast

Enviri

10/11/2025 12:14

Overview

Enviri Q3 revenue remains flat at $575 mln, adjusted EBITDA falls to $74 mln

Company reports $20 mln GAAP loss from continuing operations, up from $11 mln last year

Enviri amends credit agreement to enhance financial flexibility

Company lowers full-year outlook

Outlook

Enviri expects 2025 Adjusted EBITDA between $268 mln and $278 mln

Company projects 2025 free cash flow between $(30) mln and $(20) mln

Enviri anticipates continued headwinds in Harsco Rail and Environmental segments through year-end

Result Drivers

CLEAN EARTH PERFORMANCE - Record quarter for Clean Earth driven by higher volumes and improved service pricing, per CEO Nick Grasberger

HARSCO RAIL DEMAND - Weak demand in Harsco Rail impacted consolidated results, according to CEO Nick Grasberger

HARSCO ENVIRONMENTAL CHALLENGES - Harsco Environmental faced higher operating costs and project delays, affecting results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$575 mln
Q3 Adjusted EBITDA
$74 mln
Q3 Adjusted EBITDA Margin
12.90%
Q3 Adjusted EPS continuing operations
-$0.08
Q3 EPS continuing operations
-$0.26
Q3 Operating Income
$16 mln


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"

The average consensus recommendation for the environmental services & equipment peer group is "buy."

Wall Street's median 12-month price target for Enviri Corp is $18.00, about 32.3% above its November 7 closing price of $12.19

Press Release: ID:nGNX7t26Cs

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(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.)