NVRI Earnings Prediction
The chart below shows how NVRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NVRI sees a +3.31% change in stock price 10 days leading up to the earnings, and a -3.29% change 10 days following the report. On the earnings day itself, the stock moves by -0.42%. This data can give you a slight idea of what to expect for the next quarter's release.
NVRI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
558.71M
5.65%
-2.60%
Gross Margin
12.41%
-8.01%
-40.11%
Operating Margin
-4.19%
73.86%
-183.47%
Net Margin
-14.62%
65.38%
657.51%
EPS
-1.04
-52.94%
550.00%
No Data Available
NVRI Earnings Analysis
Enviri Corp Corporation (NVRI.N) Earnings Conference Call
Positive
Earnings Surprise Report: Enviri Corporation beat earnings expectations with a reported EPS of $-0.04, surpassing the expected $-0.09.
Record Financial Performance: Clean Earth achieved record revenue, EBITDA, and cash flow, contributing significantly to the company's overall performance.
Record Adjusted EBITDA Growth: For the full year 2024, Enviri delivered the highest adjusted EBITDA in over ten years, with a 10% organic increase and a 100 basis point lift in margins.
Improved Cash Flow: Cash flow from Clean Earth and Harsco Environmental improved to nearly $200 million, showcasing strong financial health.
Substantial Financial Growth: Clean Earth’s cash earnings, profit margins, and free cash flow were each two times higher than at the time of acquisition, indicating substantial growth since integration.
EBITDA Improvement Outlook: The company expects a further double-digit EBITDA improvement in Clean Earth for 2025, reflecting ongoing momentum in this segment.
EBITDA Resilience Amid Challenges: Harsco Environmental's adjusted EBITDA remained flat year-over-year despite challenging market conditions, demonstrating resilience.
Free Cash Flow Improvement: Free cash flow in Harsco Environmental has improved significantly, ranging from $75 to $90 million per annum, compared to $40 to $45 million in previous years.
Rail Segment Improvement: The company is proactively addressing challenges in the Rail segment, with expectations for improved cash flow and EBITDA in 2025 as projects conclude.
Board Refresh and Expertise: Enviri's board refresh includes the nomination of Nick Fanadakis, former CFO of DuPont, bringing valuable expertise to the team.
Negative
Global Steel Production Impact: Harsco Environmental faced significant challenges due to much weaker global steel production, which negatively impacted its performance.
Revenue Decline Factors: The strong US dollar and divestitures contributed to a decline in Harsco Environmental's revenues, with an organic decline of 4%.
Supply Chain Challenges Impacting Performance: Harsco Rail's performance was hindered by supply chain disruptions and inflation, leading to a significant impact on cash flow and execution of portfolio strategy.
Negative Free Cash Flow: Enviri Corporation reported a negative free cash flow of $34 million for the year, primarily due to cash usage for large engineer-to-order projects in the rail business.
Impact of Special Items: The company faced a significant amount of special items totaling $90 million in Q4, including asset impairments and write-downs, which negatively affected earnings.
Q4 Adjusted EBITDA Decline: Harsco Environmental's adjusted EBITDA for Q4 was $41 million, down from $56 million in the prior year quarter, reflecting lower service levels and production rates at customer sites.
Rail Segment Struggles: Rail's adjusted EBITDA was only $2 million in Q4, indicating ongoing struggles in that segment, with a significant cash consumption of $62 million for the year.
Profitability Decline Anticipated: The company anticipates a decline in Harsco Environmental's profitability year on year due to the stronger US dollar and divestitures, with a negative impact of nearly $20 million.
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NVRI Earning Call Sentiment
Enviri Corporation (NYSE:NVRI) Q4 2024 Earnings Call Transcript
NVRI.N
-4.35%Positive
The earnings call presents a mixed picture: while Clean Earth shows strong performance and future growth prospects, the overall financial results are lackluster with negative free cash flow and stagnant revenues. The Q&A reveals uncertainties about volume recovery and PFAS opportunities, and management's unclear responses add to investor concerns. Despite positive EBITDA growth and optimistic guidance for 2025, the lack of immediate catalysts and financial health issues balance out the sentiment, leading to a neutral outlook for the stock price movement.
