Certification through Best Practice Institute demonstrates commitment to cultural excellence and continuous improvement The Company's highest-ranking areas include trust, honesty, and teamwork PHILADELPHIA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI), a global, market-leading provider of environmental solutions for industrial and specialty waste streams, achieved certification as a 2024 Most Loved Workplace®. Enviri was also named to this list in 2022. "We're grateful for our dedicate ...

PHILADELPHIA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today announced that it has amended and extended its senior secured revolving credit facility (the "Revolving Credit Facility"). The Company's new $625 million revolving credit facility (the "Extended Revolving Credit Facility") will mature on September 5, 2029. Additionally, the Company will maintain its existing Revolving Credit Facility for an amount of $50 million with certain lenders (together with the Extended Revolving C ...

PHILADELPHIA, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) announced today that it has sold its Reed Minerals business to Speyside Equity for $45 million in cash, subject to postclosing adjustments. Enviri expects to use the net cash proceeds from the transaction to reduce debt and further strengthen its balance sheet. Importantly, the Company has now surpassed its 2024 asset sale goal of $50 to $75 million of proceeds with this transaction. Speyside Equity is a global private equity fi ...

PHILADELPHIA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE:NVRI), a global, market-leading provider of environmental solutions for industrial and specialty waste streams, today announced that Company leaders will be participating in the following investor conferences: Investor Contact David Martin +1.267.946.1407 dmartin@enviri.com Media Contact Maura Pfeiffer +1.267.964.1868 mpfeiffer@enviri.com Raymond James Industrial & Energy Showcase (Virtual) Thursday, Aug. 8, 2024 2024 Seaport Research ...

For the current fiscal year, Enviri is expected to post earnings of $0.07 per share on $2.43 billion in revenues. This represents a 158.33% change in EPS on a 17.44% change in revenues. For the next fiscal year, the company is expected to earn $0.47 per share on $2.52 billion in revenues. This represents a year-over-year change of 571.43% and 3.83%, respectively. In terms of its value breakdown, the stock currently trades at 144X current fiscal year EPS estimates, which is a premium to the peer industry ave ...

PHILADELPHIA, July 11, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today announced that it will issue its second quarter 2024 earnings results on Thursday, August 1, 2024 prior to NYSE market open. The Company will also host its quarterly conference call and webcast that morning beginning at 9:00 a.m. ET. Those who wish to listen to the conference call webcast should visit the Investor Relations section of the Company's website at www.enviri.com. The live call also can be accessed using the bel ...

PHILADELPHIA, July 11, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today announced that it will issue its second quarter 2024 earnings results on Thursday, August 1, 2024 prior to NYSE market open. The Company will also host its quarterly conference call and webcast that morning beginning at 9:00 a.m. ET. Those who wish to listen to the conference call webcast should visit the Investor Relations section of the Company's website at www.enviri.com. The live call also can be accessed using the bel ...

Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times. Enviri (NVRI) is one of the several great candidates that made it through the screen. While there are numerous reasons why this ...

The investment community will be paying close attention to the earnings performance of Enviri in its upcoming release. The company is forecasted to report an EPS of $0, showcasing a 100% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $615.3 million, indicating a 18.29% upward movement from the same quarter last year. Our research demonstrates that these adjustments in estimates directly associate with imminent stoc ...

Core Viewpoint - Enviri is showing improvements in its CleanEarth business, with management successfully addressing previous challenges and achieving better margins, although macroeconomic pressures may limit growth in 2024 [3][5][9] Business Performance - CleanEarth's EBITDA margin improved to 15.1% in Q1'24, driven by a 2% revenue growth primarily from price adjustments, despite lackluster volumes [3] - The Environmental segment reported a 9% growth in Q1, with services up 13% but offset by declines in EcoProducts and aluminum processing [6] - Management anticipates flat performance for the remainder of 2024 due to tough year-ago comparisons and a slowdown in industrial activity [3][6] Future Outlook - Long-term growth opportunities exist in PFAS remediation, reshoring, and zero-waste initiatives, which could drive revenue beyond just industrial production proxies [3] - Expected revenue growth of 3% to 4% in the long term, with free cash flow (FCF) growth projected in the high single digits [8] - Management targets an EBITDA margin improvement to 15% by 2026/27 and 16% by 2030, with a current expectation of 13.5% for this year [8] Strategic Decisions - Enviri has decided to retain its Rail business after failing to receive satisfactory offers, indicating a focus on improving profitability before considering divestiture [7] - The company is heavily indebted, which constrains reinvestment into growth projects, with deleveraging prioritized for free cash flow [8] Market Conditions - The steel industry is facing challenges, with flat global volumes and weaker pricing impacting Enviri's metal reclamation operations [6] - Nickel prices have declined by about 20% year-over-year, affecting segment revenue, although the company is working on expanding its range of slag/waste-derived products [6]