Enviri (NYSE:NVRI) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Enviri (NYSE:NVRI) released its quarterly earnings data on Thursday. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.05, Zacks reports. Enviri had a negative return on equity of 0.90% and a negative net margin of 5.46%. The company had revenue of $558.71 million during the quarter, compared to analysts’ expectations of $578.98 million. During the same period last year, the firm 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 Stock Performance

NYSE:NVRI traded down $0.32 during mid-day trading on Friday, hitting $7.25. 1,171,237 shares of the stock were exchanged, compared to its average volume of 586,975. The stock has a market capitalization of $580.61 million, a price-to-earnings ratio of -4.56 and a beta of 2.14. The firm’s 50-day simple moving average is $8.53 and its 200 day simple moving average is $9.16. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.99 and a current ratio of 1.25. Enviri has a fifty-two week low of $6.57 and a fifty-two week high of $12.79.

Analyst Ratings Changes

Separately, BMO Capital Markets dropped 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.

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.