Enviri (NVRI) Scheduled to Post Quarterly Earnings on Thursday

Enviri (NYSE:NVRI) is scheduled to post its quarterly earnings results before the market opens on Thursday, August 1st. Enviri has set its Q2 guidance at ($0.05) to $0.03 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Enviri (NYSE:NVRI) last announced its quarterly earnings data on Thursday, May 2nd. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.06. The firm 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 revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the company earned ($0.11) EPS. On average, analysts expect Enviri to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Enviri Stock Performance

NYSE:NVRI opened at $11.17 on Wednesday. The company has a market capitalization of $894.72 million, a price-to-earnings ratio of -9.47 and a beta of 2.24. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.36 and a quick ratio of 1.03. Enviri has a 1-year low of $5.64 and a 1-year high of $11.45. The business has a 50 day moving average of $9.01 and a 200 day moving average of $8.55.

Insider Buying and Selling

In other Enviri news, CEO F Nicholas Grasberger III purchased 25,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was acquired at an average cost of $7.59 per share, for a total transaction of $189,750.00. Following the completion of the transaction, the chief executive officer now directly owns 837,901 shares in the company, valued at approximately $6,359,668.59. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.70% of the stock is owned by corporate insiders.

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.