Enviri (NYSE:NVRI – Get Free Report) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of ($0.03)-($0.14) for the period, compared to the consensus estimate of ($0.03). Enviri also updated its FY 2024 guidance to -0.160–0.060 EPS.
Enviri Stock Down 1.0 %
Shares of NVRI opened at $10.04 on Thursday. The firm has a market cap of $804.32 million, a P/E ratio of -8.30 and a beta of 2.19. Enviri has a 12-month low of $5.64 and a 12-month high of $12.79. The company’s 50-day moving average price is $10.49 and its 200 day moving average price is $9.61. The company has a current ratio of 1.32, a quick ratio of 1.00 and a debt-to-equity ratio of 2.68.
Enviri (NYSE:NVRI – Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.03. The firm had revenue of $610.00 million for the quarter, compared to analyst estimates of $616.85 million. Enviri had a negative net margin of 4.27% and a negative return on equity of 0.31%. Enviri’s revenue was up 17.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.01 EPS. On average, sell-side analysts forecast that Enviri will post -0.02 earnings per share for the current year.
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.
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