Energy Recovery Q4 Preview: 23.1% Revenue Growth Forecast After $32M Q3
Energy Recovery will report fourth-quarter results tomorrow after-market with analysts forecasting 23.1% year-on-year revenue growth, up from 17.3% in the same quarter last year. In Q3, the company generated $32 million in revenue, down 17.1% year-on-year, but exceeded analysts’ revenue and EPS estimates.
1. Q4 Earnings Preview and Forecast
Energy Recovery is set to release its Q4 earnings results tomorrow after market close, with analysts projecting a 23.1% increase in revenue year-on-year, a notable acceleration from the 17.3% growth recorded in Q4 2024.
2. Q3 Performance Recap
In the third quarter, Energy Recovery reported revenues of $32 million, representing a 17.1% year-on-year decline, yet it surpassed both analysts’ revenue and EPS estimates for the period.
3. Analyst Sentiment and Price Targets
Analysts covering the stock have largely maintained their estimates over the past month, and the consensus price target stands at $19.05, reflecting upside potential versus the current share price of around $16.08.
4. Peer Comparison in Water Infrastructure
Within the water infrastructure segment, Watts Water Technologies posted 15.7% revenue growth and topped estimates by 2.3%, while Mueller Water Products saw 4.6% growth and exceeded forecasts by 2%, with segment stocks up an average 4.3% over the last month compared to Energy Recovery’s 12.7% gain.