Preview: Energy Recovery's Earnings
Portfolio Pulse from Benzinga Insights
Energy Recovery (NASDAQ:ERII) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an EPS of $0.02. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $30.48, up 36.34% over the last 52 weeks.
August 04, 2023 | 10:08 am
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Energy Recovery is expected to report an EPS of $0.02. The company has a history of beating EPS estimates, which has often led to a rise in share price. The stock is currently trading at $30.48, up 36.34% over the last 52 weeks.
The company's history of beating EPS estimates and the positive trend in its stock price suggest that the upcoming earnings report could have a positive impact on the stock. However, as the article mentions, guidance can also significantly affect the stock price.
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