Enviri Corp reports results for the quarter ended March 31 - Earnings Summary

• Enviri Corp NVRI.N reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of three analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -27 cents to -15 cents per share.

• Revenue fell 8.7% to $548.28 million from a year ago; analysts expected $560.00 million.

• Enviri Corp's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $13.4 million.

• Enviri Corp shares had risen by 3.3% this quarter and lost 10.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 326.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "hold"

• Wall Street's median 12-month price target for Enviri Corp is $11.00

This summary was machine generated from LSEG data May 1 at 01:33 p.m. UTC. ​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)