Enviri (NYSE:NVRI) Announces Earnings Results

Enviri (NYSE:NVRI) issued its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.05, Zacks reports. Enviri had a negative net margin of 4.28% and a negative return on equity of 1.25%. During the same quarter last year, the firm earned ($0.07) EPS. 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 Down 12.6 %

Shares of Enviri stock traded down $1.10 on Thursday, reaching $7.63. 1,420,847 shares of the company were exchanged, compared to its average volume of 787,311. Enviri has a 1-year low of $6.57 and a 1-year high of $12.79. The company has a market cap of $611.23 million, a P/E ratio of -6.22 and a beta of 2.14. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.30 and a quick ratio of 0.99. The stock’s 50 day moving average price is $8.54 and its 200-day moving average price is $9.19.

Analyst Ratings Changes

Separately, BMO Capital Markets cut their price target on shares of Enviri from $13.00 to $10.00 and set a “market perform” rating on the stock in a research note 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.