Enviva Inc reports results for the quarter ended in December - Earnings Summary

Enviva

01/03/2023 19:45

* Enviva Inc  EVA.N  reported a quarterly adjusted loss of
$1.21​​
per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
57 cents per share.
    * Revenue fell 14% to $239.31 million from a year ago;
analysts
expected $422.30 million. 
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Enviva Inc shares had fallen by 17.8% this quarter.
    * The company reported a quarterly loss of $77.42 million.
    * Wall Street's median 12-month price target for Enviva Inc
is
$62.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 07:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.57           -1.21          Missed
 Sep. 30 2022      0.00           -0.11          Missed
 Jun. 30 2022      0.08           -0.26          Missed
 Mar. 31 2022      0.11           -0.68          Missed