Company Q1 Revenue $9.7M Beats Consensus $7.86M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy ERII?
Reports Q1 revenue $9.7M, consensus $7.86M.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ERII?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ERII
Wall Street analysts forecast ERII stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 9.430
Low
16.00
Averages
19.50
High
23.00
Current: 9.430
Low
16.00
Averages
19.50
High
23.00
About ERII
Energy Recovery, Inc. designs and manufactures energy-saving technology. The Company’s segments include Water and Emerging Technologies. The Water segment develops, sales and supports PX, hydraulic turbochargers and pumps used in seawater desalination and wastewater treatment activities. The Emerging Technologies segment develops, sales and supports activities related to emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. Its solutions are marketed, sold in, or developed for, the fluid-flow and gas markets, such as seawater and wastewater desalination, natural gas, chemical processing and CO2-based refrigeration systems, under the trademarks ERI, PX, Pressure Exchanger, PX Pressure Exchanger (PX), Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold. Its pressure exchanger technology acts like a fluid piston, transferring energy between high- and low-pressure liquid or gas through continuously rotating ducts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Energy Recovery Q1 2026 Earnings Call Insights
- Product Launch: Energy Recovery launched the PX Q650 in March 2026, securing its first commercial order and collaborating with multiple large customers for integration into major desalination plants, indicating strong market demand and commercial momentum.
- Leadership Changes: CEO David Moon announced his retirement plans, initiating a search for his successor, while CFO Mike Mancini resigned, with Aiden Ryan stepping in as interim CFO to ensure continuity in financial and shareholder matters.
- Guidance Withdrawal: The company has withdrawn its 2026 financial guidance due to the impact of the Iran conflict, reflecting uncertainty and a cautious outlook on future market conditions.
- Unchanged Strategic Focus: Despite the uncertainties, management reiterated its commitment to product innovation, cost discipline, and growth in the wastewater sector, with plans to update financial guidance in Q2 or Q3, demonstrating confidence in long-term demand fundamentals.
See More
Energy Recovery to Announce Q1 Earnings on May 6th
- Earnings Announcement: Energy Recovery, Inc. (ERII) is set to release its Q1 2023 earnings on May 6th after market close, with a consensus EPS estimate of -$0.07, reflecting a 46.2% year-over-year improvement, indicating potential recovery in profitability.
- Revenue Expectations: The revenue estimate stands at $7.86 million, representing a 3.0% year-over-year decline, highlighting challenges the company faces in the current market environment, particularly amid project delays.
- Historical Performance: Over the past two years, ERII has beaten EPS estimates 63% of the time and revenue estimates 38% of the time, suggesting a degree of stability and adaptability in its financial performance.
- Estimate Revision Trends: In the last three months, EPS estimates have seen two upward revisions and one downward revision, while revenue estimates experienced no upward revisions and two downward revisions, reflecting a cautious market outlook on the company's future performance.
See More
Energy Recovery Downgraded to Neutral Amid Project Risks
- Rating Downgrade Impact: Northcoast Research downgraded Energy Recovery (ERII) from Buy to Neutral, anticipating increased tactical risks from likely project delays in the Middle East, resulting in a 5.2% drop in stock price during Wednesday's trading.
- Pessimistic Financial Outlook: When ERII posted its Q4 earnings, it guided FY 2026 revenues below expectations due to project delays, particularly as the Iran war had not yet begun, prompting the analyst to lower 2026 and 2027 earnings estimates to reflect macroeconomic pressures.
- Middle East Economic Risks: The analyst highlighted that while water is a non-discretionary need, the timing of projects could be significantly affected by the Iran conflict, raising concerns about future demand growth amid expected substantial GDP declines in major desalinating nations.
- Stock Price Rebound Potential: Although ERII shares remain below pre-Q4 levels, they have rebounded from recent lows, and the analyst believes that the risk/reward appears balanced ahead of the company's Q1 earnings and guidance update.
See More
Energy Recovery, Inc. Shares Surge 7% Amid Optimism
- Stock Price Surge: Energy Recovery, Inc. (ERII) shares rose 7% to $10.12 in the last trading session, with trading volume significantly above average, reflecting market optimism about its future performance.
- Business Growth Drivers: The rally is primarily fueled by strong performance in its original equipment manufacturer business, particularly with increased shipments to the Americas, Asia, and Europe, indicating a recovery in market demand.
- Earnings Report Expectations: ERII is expected to report a quarterly loss of $0.09 per share, representing a year-over-year improvement of 30.8%, with revenues projected at $8.75 million, an 8.5% increase from the previous year, showcasing the company's resilience in challenging times.
- Earnings Estimate Revisions: The consensus EPS estimate for ERII has been revised 3.6% higher over the last 30 days, and such positive revisions are often correlated with stock price appreciation, suggesting investors should monitor its future performance closely.
See More
Marriott Vacations Reports Strong Q4, Shares Surge
- Earnings Beat: Marriott Vacations reported an adjusted EPS of $1.86 for Q4, surpassing market expectations of $1.57, which highlights the company's strong profitability and boosts investor confidence.
- Sales Growth: The company's quarterly sales reached $1.323 billion, exceeding the anticipated $1.294 billion, indicating sustained competitiveness in the market and enhancing shareholder value.
- Stock Surge: In pre-market trading, Marriott Vacations shares jumped 12.7% to $65.34, reflecting market optimism about the company's future growth potential and likely attracting more investor interest.
- Positive Guidance: The company also issued FY26 adjusted EPS guidance above estimates, further solidifying its leadership position in the vacation industry and laying a strong foundation for future growth.
See More
Energy Recovery, Inc. Q4 2025 Earnings Call Insights
- Strategic Focus on Water: CEO David Moon highlighted a strategic pivot towards the water business, identifying it as a rapidly growing and profitable market; despite setbacks in 2025 and 2026 due to delays in several large desalination projects, management remains confident in growth for 2027.
- Exit from CO2 Business: The company announced the winding down of its CO2 retail grocery business, which is expected to deliver annual savings of $7 million, with Moon describing this as the optimal path for shareholder value creation, resulting in a headcount reduction of about 20 employees.
- Revenue Guidance Adjustment: CFO Michael Mancini indicated that three major projects are expected to slip into 2026, impacting revenue by approximately $25 million to $30 million, with an additional buffer of $15 million to $25 million incorporated for potential further delays.
- Capital Expenditure Plans: Capital expenditure guidance for 2026 is set at $3 million to $6 million, with a similar range expected for 2027 to support new manufacturing facilities, as management maintains optimism for future growth despite the challenges posed by project delays.
See More
Energy Recovery Q1 2026 Earnings Call Insights
- Product Launch: Energy Recovery launched the PX Q650 in March 2026, securing its first commercial order and collaborating with multiple large customers for integration into major desalination plants, indicating strong market demand and commercial momentum.
- Leadership Changes: CEO David Moon announced his retirement plans, initiating a search for his successor, while CFO Mike Mancini resigned, with Aiden Ryan stepping in as interim CFO to ensure continuity in financial and shareholder matters.
- Guidance Withdrawal: The company has withdrawn its 2026 financial guidance due to the impact of the Iran conflict, reflecting uncertainty and a cautious outlook on future market conditions.
- Unchanged Strategic Focus: Despite the uncertainties, management reiterated its commitment to product innovation, cost discipline, and growth in the wastewater sector, with plans to update financial guidance in Q2 or Q3, demonstrating confidence in long-term demand fundamentals.
See More
Energy Recovery to Announce Q1 Earnings on May 6th
- Earnings Announcement: Energy Recovery, Inc. (ERII) is set to release its Q1 2023 earnings on May 6th after market close, with a consensus EPS estimate of -$0.07, reflecting a 46.2% year-over-year improvement, indicating potential recovery in profitability.
- Revenue Expectations: The revenue estimate stands at $7.86 million, representing a 3.0% year-over-year decline, highlighting challenges the company faces in the current market environment, particularly amid project delays.
- Historical Performance: Over the past two years, ERII has beaten EPS estimates 63% of the time and revenue estimates 38% of the time, suggesting a degree of stability and adaptability in its financial performance.
- Estimate Revision Trends: In the last three months, EPS estimates have seen two upward revisions and one downward revision, while revenue estimates experienced no upward revisions and two downward revisions, reflecting a cautious market outlook on the company's future performance.
See More
Energy Recovery Downgraded to Neutral Amid Project Risks
- Rating Downgrade Impact: Northcoast Research downgraded Energy Recovery (ERII) from Buy to Neutral, anticipating increased tactical risks from likely project delays in the Middle East, resulting in a 5.2% drop in stock price during Wednesday's trading.
- Pessimistic Financial Outlook: When ERII posted its Q4 earnings, it guided FY 2026 revenues below expectations due to project delays, particularly as the Iran war had not yet begun, prompting the analyst to lower 2026 and 2027 earnings estimates to reflect macroeconomic pressures.
- Middle East Economic Risks: The analyst highlighted that while water is a non-discretionary need, the timing of projects could be significantly affected by the Iran conflict, raising concerns about future demand growth amid expected substantial GDP declines in major desalinating nations.
- Stock Price Rebound Potential: Although ERII shares remain below pre-Q4 levels, they have rebounded from recent lows, and the analyst believes that the risk/reward appears balanced ahead of the company's Q1 earnings and guidance update.
See More
Energy Recovery, Inc. Shares Surge 7% Amid Optimism
- Stock Price Surge: Energy Recovery, Inc. (ERII) shares rose 7% to $10.12 in the last trading session, with trading volume significantly above average, reflecting market optimism about its future performance.
- Business Growth Drivers: The rally is primarily fueled by strong performance in its original equipment manufacturer business, particularly with increased shipments to the Americas, Asia, and Europe, indicating a recovery in market demand.
- Earnings Report Expectations: ERII is expected to report a quarterly loss of $0.09 per share, representing a year-over-year improvement of 30.8%, with revenues projected at $8.75 million, an 8.5% increase from the previous year, showcasing the company's resilience in challenging times.
- Earnings Estimate Revisions: The consensus EPS estimate for ERII has been revised 3.6% higher over the last 30 days, and such positive revisions are often correlated with stock price appreciation, suggesting investors should monitor its future performance closely.
See More
Marriott Vacations Reports Strong Q4, Shares Surge
- Earnings Beat: Marriott Vacations reported an adjusted EPS of $1.86 for Q4, surpassing market expectations of $1.57, which highlights the company's strong profitability and boosts investor confidence.
- Sales Growth: The company's quarterly sales reached $1.323 billion, exceeding the anticipated $1.294 billion, indicating sustained competitiveness in the market and enhancing shareholder value.
- Stock Surge: In pre-market trading, Marriott Vacations shares jumped 12.7% to $65.34, reflecting market optimism about the company's future growth potential and likely attracting more investor interest.
- Positive Guidance: The company also issued FY26 adjusted EPS guidance above estimates, further solidifying its leadership position in the vacation industry and laying a strong foundation for future growth.
See More
Energy Recovery, Inc. Q4 2025 Earnings Call Insights
- Strategic Focus on Water: CEO David Moon highlighted a strategic pivot towards the water business, identifying it as a rapidly growing and profitable market; despite setbacks in 2025 and 2026 due to delays in several large desalination projects, management remains confident in growth for 2027.
- Exit from CO2 Business: The company announced the winding down of its CO2 retail grocery business, which is expected to deliver annual savings of $7 million, with Moon describing this as the optimal path for shareholder value creation, resulting in a headcount reduction of about 20 employees.
- Revenue Guidance Adjustment: CFO Michael Mancini indicated that three major projects are expected to slip into 2026, impacting revenue by approximately $25 million to $30 million, with an additional buffer of $15 million to $25 million incorporated for potential further delays.
- Capital Expenditure Plans: Capital expenditure guidance for 2026 is set at $3 million to $6 million, with a similar range expected for 2027 to support new manufacturing facilities, as management maintains optimism for future growth despite the challenges posed by project delays.
See More
