Enviri (NYSE:NVRI – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Friday morning. The company provided EPS guidance of -0.050-0.030 for the period, compared to the consensus EPS estimate of 0.010. The company issued revenue guidance of -. Enviri also updated its FY 2024 guidance to -0.090-0.120 EPS.
Enviri Trading Up 4.5 %
NYSE NVRI traded up $0.33 on Monday, reaching $7.68. 647,491 shares of the company were exchanged, compared to its average volume of 408,813. Enviri has a fifty-two week low of $5.64 and a fifty-two week high of $10.01. The business’s fifty day moving average price is $8.25 and its 200 day moving average price is $7.81. The stock has a market capitalization of $613.13 million, a P/E ratio of -6.51 and a beta of 2.10. The company has a current ratio of 1.36, a quick ratio of 1.03 and a debt-to-equity ratio of 2.65.
Enviri (NYSE:NVRI – Get Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.06. The business had revenue of $600.00 million for the quarter, compared to analyst estimates of $509.77 million. Enviri had a negative return on equity of 0.99% and a negative net margin of 4.35%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.11) EPS. Analysts forecast that Enviri will post 0.01 earnings per share for the current year.
Insider Activity at Enviri
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.
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