Enviri (NYSE:NVRI – Get Free Report) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of ($0.05) to $0.03 for the period, compared to the consensus earnings per share estimate of $0.00.
Enviri Trading Up 4.1 %
Shares of NYSE:NVRI traded up $0.29 during trading on Friday, reaching $7.35. The company had a trading volume of 532,524 shares, compared to its average volume of 330,416. The company has a current ratio of 1.36, a quick ratio of 1.13 and a debt-to-equity ratio of 2.65. The stock’s fifty day moving average price is $8.25 and its 200 day moving average price is $7.79. Enviri has a fifty-two week low of $5.64 and a fifty-two week high of $10.01.
Enviri (NYSE:NVRI – Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.06. The company had revenue of $600.00 million for the quarter, compared to analysts’ expectations of $509.77 million. Enviri had a negative net margin of 4.35% and a negative return on equity of 0.99%. Enviri’s revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.11) EPS. Analysts anticipate that Enviri will post 0.01 earnings per share for the current year.
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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