Enviri (NYSE:NVRI) Announces Earnings Results

Enviri (NYSE:NVRI) announced its earnings results on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.06, Briefing.com reports. The firm had revenue of $600.00 million during 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 business’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.11) EPS. Enviri updated its Q2 guidance to ($0.05) to $0.03 EPS.

Enviri Price Performance

NVRI opened at $7.35 on Friday. The company’s 50-day moving average price is $8.25 and its two-hundred day moving average price is $7.79. Enviri has a twelve month low of $5.64 and a twelve month high of $10.01. The company has a current ratio of 1.36, a quick ratio of 1.13 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.