Enviri Corporation (NVRI) closed at $17.93, down 1.59% on the trading day, underperforming relative to the S&P 500’s slight loss of 0.03%. Over the past month, Enviri’s shares have decreased by 0.65%, contrasting with the Business Services sector’s gain of 6.08% and the S&P 500’s increase of 2.57%.
The company is slated to report earnings with an expected EPS of -$0.22, reflecting a 450% decline from the same quarter last year. For the entire year, Zacks Consensus Estimates forecast earnings of -$0.71 per share and zero revenue, indicative of a significant annual change of -914.29% for earnings. The Zacks Rank currently positions Enviri as a #3 (Hold), with the consensus EPS estimate decreasing by 4.41% over the past month.
The Waste Removal Services industry, where Enviri operates, ranks 92nd out of over 250 industries, placing it in the top 38%. The Zacks Industry Rank suggests that higher-rated industries tend to outperform lower-rated ones by a factor of 2 to 1.
