Enviri Q1 2024 Adj EPS $(0.03) Beats $(0.09) Estimate, Sales $600.317M Beat $509.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enviri (NYSE:NVRI) reported Q1 2024 adjusted EPS of $(0.03), surpassing the $(0.09) estimate, and sales of $600.317M, exceeding the $509.700M estimate. This represents a significant improvement over the previous year's losses and sales figures.
May 02, 2024 | 11:06 am
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POSITIVE IMPACT
Enviri reported a smaller than expected Q1 2024 loss and higher sales, indicating a strong performance and potential growth.
Enviri's Q1 2024 earnings report exceeded analysts' expectations in both EPS and sales, indicating a significant improvement over the previous year. This positive surprise could lead to increased investor confidence and a potential short-term uptick in NVRI's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100