Enviri Falls 1.57% to $18.86, Sees Q1 EPS Drop of 1,750%
Enviri shares fell 1.57% to $18.86, underperforming the S&P 500’s 0.33% loss. Q1 EPS is projected at -$0.74, a 1,750% year-over-year decline, with full-year consensus calling for -$1.22 EPS and $2.23 billion in revenue, down 4.9% annually.
1. Stock Performance
In its latest trading session Enviri shares declined 1.57% to $18.86, lagging the S&P 500’s 0.33% loss while the Dow rose 0.10% and Nasdaq fell 0.59%. Over the past month shares have advanced 3.4%, outperforming the Business Services sector’s 7.51% drop and matching flat S&P returns.
2. Earnings Projections
Analysts project Enviri will report Q1 EPS of -$0.74 on February 24, marking a 1,750% decline from -$0.04 in the year-ago quarter. Full-year consensus forecasts an EPS loss of $1.22 per share and $2.23 billion in revenue, a 4.9% decrease compared to the prior year.
3. Analyst Ratings
Enviri holds a Zacks Rank of #3 (Hold) after estimates remained unchanged over the past month, reflecting a neutral near-term outlook. The Zacks Rank system integrates revisions in consensus estimates to gauge momentum and potential stock performance.
4. Industry Position
The company operates within the Waste Removal Services industry, which ranks 177th out of over 250 industries, placing it in the bottom 28% by average Zacks Rank. This lower industry ranking suggests the sector may face headwinds relative to higher-ranked industries.