Enviri (NYSE:NVRI – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.01-0.08 for the period, compared to the consensus EPS estimate of $0.06. Enviri also updated its FY24 guidance to ($0.09) – $0.07 EPS.
Enviri Price Performance
NYSE NVRI opened at $12.11 on Thursday. The business has a 50 day simple moving average of $9.13 and a 200 day simple moving average of $8.59. Enviri has a 52-week low of $5.64 and a 52-week high of $12.27. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.03 and a current ratio of 1.36. The stock has a market cap of $970.01 million, a price-to-earnings ratio of -10.03 and a beta of 2.23.
Enviri (NYSE:NVRI – Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.06. The company had revenue of $600.00 million during the quarter, compared to analysts’ expectations of $509.77 million. Enviri had a negative net margin of 4.35% and a negative return on equity of 0.99%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned ($0.11) EPS. Analysts anticipate that Enviri will post 0.07 earnings per share for the current fiscal year.
Insider Activity
About Enviri
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.
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