Perma-Fix (PESI) Q3 Earnings Report Preview: What To Look For

Core Insights - Perma-Fix is set to announce earnings results, having missed analysts' revenue expectations by 11.1% last quarter, reporting revenues of $14.59 million, which is a 4.3% year-on-year increase [1] - Analysts expect a revenue decline of 3% year-on-year to $16.3 million for the upcoming quarter, an improvement from a 23.2% decrease in the same quarter last year, with an adjusted loss anticipated at -$0.12 per share [2] - The company has missed Wall Street's revenue estimates twice since going public, but analysts have generally reconfirmed their estimates over the last 30 days, indicating a stable outlook heading into earnings [3] Industry Context - Peers in the waste management segment have shown positive performance, with Montrose reporting a year-on-year revenue growth of 25.9%, exceeding expectations by 10.9%, and Waste Connections reporting a 5.1% revenue increase, surpassing estimates by 0.5% [4] - The waste management sector has seen positive investor sentiment, with average share prices up 2.2% over the last month, while Perma-Fix's shares have increased by 22% during the same period [5] - Perma-Fix is entering earnings with an average analyst price target of $18, compared to its current share price of $12.87 [5]