Enviri Full Year 2024 Earnings: EPS Misses Expectations

Enviri (NYSE:NVRI) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.34b (up 13% from FY 2023).
• Net loss: US$124.1m (loss widened by 173% from FY 2023).
• US$1.55 loss per share (further deteriorated from US$0.57 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Enviri EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 167%.

The primary driver behind last 12 months revenue was the Harsco Environmental segment contributing a total revenue of US$1.11b (47% of total revenue). Notably, cost of sales worth US$1.90b amounted to 81% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$376.1m (67% of total expenses). Explore how NVRI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.

Performance of the American Commercial Services industry.

The company's shares are down 21% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Enviri that you need to be mindful of.

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