Enviri (NYSE:NVRI) Issues Earnings Results, Beats Estimates By $0.06 EPS

Enviri (NYSE:NVRI) issued its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.06, Briefing.com reports. The business had revenue of $600.00 million during the quarter, compared to analyst estimates of $509.77 million. Enviri had a negative net margin of 4.35% and a negative return on equity of 0.99%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned ($0.11) EPS. Enviri updated its Q2 guidance to ($0.05) to $0.03 EPS.

Enviri Stock Up 4.1 %

NYSE NVRI traded up $0.29 during trading hours on Friday, reaching $7.35. The company’s stock had a trading volume of 532,524 shares, compared to its average volume of 330,416. The firm has a fifty day simple moving average of $8.25 and a 200-day simple moving average of $7.78. Enviri has a 52 week low of $5.64 and a 52 week high of $10.01. The company has a quick ratio of 1.13, a current ratio of 1.36 and a debt-to-equity ratio of 2.65.

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.