Energy Recovery Inc <ERII.OQ> expected to post a loss of 3 cents a share - Earnings Preview
Energy Recovery Inc ERII.OQ ERII.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The San Leandro California-based company is expected to report a 81.2% increase in revenue to $21.908 million from $12.09 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Energy Recovery Inc is for a loss of 3 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Energy Recovery Inc is $20.00, above its last closing price of $15.80.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.38 | 0.38 | 0.41 | Beat | 8.8 |
Sep. 30 2024 | 0.07 | 0.09 | 0.15 | Beat | 66.7 |
Jun. 30 2024 | -0.11 | -0.11 | -0.01 | Beat | 91.1 |
Mar. 31 2024 | -0.14 | -0.13 | -0.14 | Missed | -3.7 |
Dec. 31 2023 | 0.38 | 0.38 | 0.34 | Missed | -9.9 |
Sep. 30 2023 | 0.06 | 0.05 | 0.17 | Beat | 223.8 |
Jun. 30 2023 | -0.01 | -0.01 | -0.03 | Missed | -200 |
Mar. 31 2023 | -0.13 | -0.13 | -0.11 | Beat | 17.5 |
This summary was machine generated May 5 at 22:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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