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

Enviva

05/05/2022 09:20

* Enviva Inc  EVA.N  reported a quarterly adjusted loss
of 68
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
15 cents per share.
    * Revenue fell 3.3% to $232.98 million from a year ago; 
analysts
expected $261.94 million. 
    * The mean earnings estimate of analysts had risen by
about 26.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Enviva Inc shares had risen by 10.6% this quarter and
gained 24.3% so far this year.
    * Wall Street's median 12-month price target for Enviva Inc
is
$77.00 
    * 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 May 5 at 08:20 a.m.  ​All
figures in US dollars unless otherwise stated