Company Performance - Enviri (NVRI) closed at $6.75, reflecting a -0.15% change from the previous day, underperforming the S&P 500 which gained 0.08% [1] - Over the past month, Enviri's shares have depreciated by 10.58%, compared to a 9.22% loss in the Business Services sector and a 7.33% loss in the S&P 500 [1] Earnings Forecast - Enviri is expected to report an EPS of -$0.15, indicating a 400% decline from the same quarter last year [2] - The consensus estimate for quarterly revenue is $580.6 million, down 3.28% from the previous year [2] - For the entire year, the forecasted earnings are -$0.19 per share and revenue of $2.35 billion, reflecting changes of -171.43% and +0.31% respectively compared to the prior year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Enviri are crucial as they reflect short-term business trends [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently places Enviri at 3 (Hold) [6] - The Zacks Consensus EPS estimate has decreased by 371.43% in the past month [6] Industry Context - The Waste Removal Services industry, part of the Business Services sector, has a Zacks Industry Rank of 179, placing it in the bottom 29% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Enviri (NVRI) Stock Falls Amid Market Uptick: What Investors Need to Know