Enviri (NVRI) Declines More Than Market: Some Information for Investors

Company Performance - Enviri (NVRI) closed at $17.93, reflecting a decrease of -1.59% from the previous trading session, which is less than the S&P 500's daily loss of 0.03% [1] - Over the past month, Enviri's shares have declined by 0.65%, while the Business Services sector gained 6.08% and the S&P 500 increased by 2.57% [1] Earnings Forecast - Enviri is expected to report an EPS of -$0.22, indicating a 450% decline compared to the same quarter last year [2] - For the entire year, the Zacks Consensus Estimates predict earnings of -$0.71 per share and revenue of $0 million, reflecting changes of -914.29% and 0% respectively compared to the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for Enviri are crucial as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [3] - The Zacks Rank system, which incorporates these estimate changes, provides a rating system for stocks, with Enviri currently holding a Zacks Rank of 3 (Hold) [4][5] Industry Context - The Waste Removal Services industry, part of the Business Services sector, has a Zacks Industry Rank of 92, placing it in the top 38% of over 250 industries [6] - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [6]