Enviri (NYSE:NVRI) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Enviri (NYSE:NVRI) posted its quarterly earnings data on Thursday. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.05, Zacks reports. Enviri had a negative return on equity of 1.25% and a negative net margin of 4.28%. During the same period in the prior year, the company earned ($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

Shares of NYSE NVRI traded down $1.23 during mid-day trading on Thursday, hitting $7.51. 897,405 shares of the company were exchanged, compared to its average volume of 761,767. The company has a quick ratio of 0.99, a current ratio of 1.30 and a debt-to-equity ratio of 2.72. The stock has a 50 day simple moving average of $8.54 and a 200-day simple moving average of $9.19. Enviri has a 1-year low of $6.57 and a 1-year high of $12.79. The firm has a market cap of $601.45 million, a price-to-earnings ratio of -6.09 and a beta of 2.14.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets decreased their price objective on Enviri from $13.00 to $10.00 and set a “market perform” rating for the company in a report on Friday, November 1st.

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.