Enviri (NYSE:NVRI) Announces Quarterly Earnings Results

Enviri (NYSE:NVRI) posted its quarterly earnings data on Thursday. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.05, Zacks reports. Enviri had a negative net margin of 4.28% and a negative return on equity of 1.25%. The company had revenue of $558.71 million for the quarter, compared to analyst estimates of $578.98 million. During the same period in the previous year, the business posted ($0.07) earnings per share. Enviri updated its FY 2025 guidance to -0.250–0.010 EPS and its Q1 2025 guidance to -0.180–0.110 EPS.

Enviri Price Performance

Shares of Enviri stock traded down $0.30 during trading on Friday, hitting $7.27. 382,272 shares of the company were exchanged, compared to its average volume of 807,412. Enviri has a fifty-two week low of $6.57 and a fifty-two week high of $12.79. The company has a quick ratio of 0.99, a current ratio of 1.30 and a debt-to-equity ratio of 2.72. The firm has a 50 day moving average price of $8.54 and a 200 day moving average price of $9.18. The stock has a market capitalization of $582.22 million, a price-to-earnings ratio of -5.91 and a beta of 2.14.

Analyst Ratings Changes

Separately, BMO Capital Markets reduced their price target on Enviri from $13.00 to $10.00 and set a “market perform” rating for the company in a report on Friday, November 1st.

Enviri Company Profile

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.