Enviri (NVRI) shares were up nearly 4% in recent Thursday trading after the company's Q1 adjusted loss was better than analysts' estimates.
The company reported a Q1 adjusted loss Thursday of $0.18 per share, wider than a loss of $0.03 a year earlier. Three analysts polled by FactSet expected a loss of $0.21.
Revenue for the quarter ended March 31 was $548.3 million, down from $600.3 million a year earlier. Three analysts surveyed by FactSet expected $560.1 million.
For Q2, the company expects an adjusted loss of between $0.17 and $0.05 per share. Three analysts surveyed by FactSet expect a loss of $0.09.
Meanwhile, the company projected an adjusted loss for 2025 of between $0.34 and $0.11. Three analysts surveyed by FactSet expect a loss of $0.15.
Price: 7.14, Change: +0.27, Percent Change: +3.93
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