NVRI

Enviri’s first quarter was characterized by flat year-on-year sales and a significant improvement in non-GAAP earnings versus Wall Street’s expectations, leading to a positive market reaction. Management attributed the quarter’s results to solid operational execution in the Harsco Environmental and Rail businesses, with both segments benefiting from better volumes and cost discipline. CEO F. Nicholas Grasberger highlighted that “positive momentum” and improved performance in core operations, despite headwinds in Clean Earth, were central to the quarter’s outcome. Is now the time to buy NVRI? Find out in our full research report (it’s free). Revenue: $549.8 million vs analyst estimates of $546.3 million (flat year on year, 0.7% beat) Adjusted EPS: $0.10 vs analyst estimates of -$0.29 (significant beat) Adjusted EBITDA: $64.6 million vs analyst estimates of $58.35 million (11.8% margin, 10.7% beat) Operating Margin: 1.8%, down from 5.2% in the same quarter last year Market Capitalization: $1.60 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Robert Brown (Lake Street Capital Markets) asked about the Rail order book fill rate and how it compares to historical trends. CFO Pete Meinen responded that the order book is “running a good bit behind,” mainly due to weaker OEM equipment demand in North America, but anticipates some recovery in the second half of the year. Robert Brown (Lake Street Capital Markets) also questioned the focus on the aftermarket business in Rail. Meinen explained that aftermarket now makes up about 40% of revenues and offers roughly twice the margins of original equipment, making it a strategic focus amid soft equipment demand. Analyst interest centered on the outlook for cash flow in the Rail segment, with management reiterating that returning to cash generation is anticipated by 2027 for certain European contracts. Questions were raised regarding how macroeconomic and geopolitical risks, especially those in the Middle East and energy markets, could affect performance in both Harsco Environmental and Rail segments, with management emphasizing continued vigilance. Analysts inquired about th...

Interested in Enviri Corporation? Here are five stocks we like better. Enviri said it is on track to complete the sale of Clean Earth and the spin-off of New Enviri around June 1, after clearing key shareholder and SEC approvals. Management said shareholders will receive a cash payout from the Clean Earth sale shortly before closing. First-quarter revenue was flat at $550 million, with adjusted EBITDA of $65 million and adjusted EPS of $0.10. Harsco Environmental outperformed expectations with 6% revenue growth, while Clean Earth was hurt by weak volumes and weather-related disruption and Rail remained pressured by weak equipment demand. Management kept full-year 2026 guidance unchanged, including Harsco Environmental adjusted EBITDA of $170 million to $180 million and Rail EBITDA loss of $19 million to $26 million. Executives said the company remains focused on Rail restructuring, reducing ETO risk, and improving cash flow after the transaction closes. Enviri (NYSE:NVRI) reported first-quarter 2026 revenue that was flat from a year earlier, while executives said the company remains on track to complete the sale of Clean Earth and the spin-off of New Enviri around June 1. Chairman and Chief Executive Officer Nick Grasberger said shareholders approved the Clean Earth sale last week, and the Form 10 filing tied to the New Enviri spin-off was declared effective by the SEC. Grasberger said the company has cleared the key regulatory milestones for both transactions and expects closing in approximately three weeks, in line with prior expectations. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? “We will announce the cash payout to shareholders from the Clean Earth sale shortly prior to closing,” Grasberger said. He added that the company’s cash conversion range remains $14.50 to $16.50 per share but said management would not comment further on potential outcomes during the call. The transaction will mark a leadership transition for the company. Grasberger said this would be his final earnings call with Enviri after 12 years leading the company. Tom Vadaketh, senior vice president and chief financial officer, also said it would be his final earnings call. Russell Hochman, currently president and chief operating officer, is the incoming CEO of New Enviri, while Pete Minan is the incoming CFO. → MercadoLibre Boldly Invests in Growth: Discount...

Image source: The Motley Fool. Monday, May 11, 2026 at 4:30 p.m. ET Chairman and Chief Executive Officer — F. Nicholas Grasberger President and Chief Operating Officer, Incoming CEO — Russell Hochman Senior Vice President and Chief Financial Officer — Thomas G. Vadaketh Incoming Chief Financial Officer — Pete Meinen Vice President, Investor Relations — David Martin Need a quote from a Motley Fool analyst? Email [email protected] David Martin: Thank you, Chuck, and welcome to everyone joining us this afternoon. With me today is F. Nicholas Grasberger, our Chairman and Chief Executive Officer; Russell Hochman, our President and Chief Operating Officer and incoming CEO of new Enviri Corporation; Thomas G. Vadaketh, our Senior Vice President and Chief Financial Officer; and Pete Meinen, the incoming CFO of new Enviri Corporation. Today, we will discuss our results for the first quarter as well as our outlook for our Environmental and Rail. After our prepared remarks, we will take your questions. Our quarterly earnings release and slide presentation for the call are available on our website. During today’s call, we will make statements that are considered forward-looking within the meaning of the federal securities laws. These statements are based on our current knowledge and expectations and are subject to certain risks and uncertainties that may cause actual results to differ materially from those forward-looking statements. For a discussion of such risks and uncertainties, see the Risk Factors section in our most recent 10-K and as updated in subsequent 10-Qs. The company undertakes no obligation to revise or update any forward-looking statement. Lastly, on this call, we will refer to adjusted financial results that are considered non-GAAP for SEC reporting purposes. A reconciliation to GAAP results is included in the earnings release today as well as the slide presentation. I will now turn the call to F. Nicholas Grasberger to begin his prepared remarks. F. Nicholas Grasberger: Thank you, David, and good afternoon, everyone. Let me start with a brief status update on the Clean Earth sale and spin-off of new Enviri Corporation. Last week, our shareholders voted to approve the Clean Earth sale, and the Form 10 filing related to the new Enviri Corporation spin-off was approved by the SEC and declared effective. As a result, we have now cleared the key regulatory miles...

First quarter revenues totaled $550 million First quarter GAAP consolidated loss from continuing operations of $8 million Q1 diluted loss per share from continuing operations of $0.12 and adjusted diluted earnings per share of $0.10 Adjusted EBITDA in Q1 totaled $65 million On track to complete sale of Clean Earth and spin-off of Harsco Environmental and Harsco Rail ("New Enviri") in Q2; closing expected on June 1, 2026 2026 Adjusted EBITDA outlook reaffirmed for Harsco Environmental and Harsco Rail PHILADELPHIA, May 11, 2026 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) (the "Company") today reported first quarter 2026 results. Revenues in the first quarter of 2026 totaled $550 million, and on a U.S. GAAP ("GAAP") basis, the consolidated loss from continuing operations was $8 million. Adjusted EBITDA was $65 million in the first quarter of 2026. On a GAAP basis, the first quarter of 2026 diluted loss per share from continuing operations was $0.12, including expenses related to the sale of Clean Earth and spin-off of Harsco Environmental and Harsco Rail. Adjusted diluted earnings per share from continuing operations in the first quarter of 2026 was $0.10. These figures compare with a first quarter of 2025 GAAP diluted loss per share from continuing operations of $0.10, which included contract adjustments in Harsco Rail, restructuring costs in Harsco Environmental and strategic expenses, and an adjusted diluted loss per share from continuing operations of $0.11. “Our first quarter results reflect continued execution across the business as we navigated a dynamic operating environment and weather-related disruptions that impacted Clean Earth,” said Enviri Chairman and CEO Nick Grasberger. “We remain on track to complete the sale of Clean Earth and the separation of Harsco Environmental and Harsco Rail in the second quarter, unlocking significant sum-of-the-parts value and marking an important milestone for the Company.” “Harsco Environmental delivered resilient EBITDA performance in the first quarter. Rail results were also better than anticipated despite weak underlying demand, and we are continuing to take actions to better align the business with current market conditions and manage ETO exposure,” said Russell Hochman, President and Chief Operating Officer of Enviri and future CEO of New Enviri. “Our comprehensive review of both Harsco Environmental an...

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Enviri Corporation (NVRI) on Monday reported a loss of $10.7 million in its first quarter. On a per-share basis, the Philadelphia-based company said it had a loss of 13 cents. Earnings, adjusted for one-time gains and costs, came to 10 cents per share. The industrial services company posted revenue of $549.8 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVRI at https://www.zacks.com/ap/NVRI

Enviri (NVRI) reported Q1 adjusted earnings late Monday of $0.10 per share, swinging from a loss of

This article first appeared on GuruFocus. Total Revenue: $550 million for the first quarter. Adjusted EBITDA: $65 million for the first quarter. Adjusted Diluted Earnings Per Share: $0.10 for the quarter. Adjusted Free Cash Flow: Negative $6 million for the quarter. Harsco Environmental Revenue: $257 million, a 6% increase compared to the prior year quarter. Harsco Environmental Adjusted EBITDA: $38 million, exceeding expectations. Rail Revenue: $67 million for the first quarter. Rail Adjusted EBITDA Loss: $1 million for the first quarter. Rail Negative Cash Flow: $18 million, largely due to ETO contracts. Full Year Guidance for Harsco Environmental Adjusted EBITDA: $170 million to $180 million. Full Year Guidance for Rail EBITDA Loss: $19 million to $26 million. Pro Forma EBITDA for New Enviri: Approximately $140 million using the midpoint of each range. Warning! GuruFocus has detected 10 Warning Signs with NVRI. Is NVRI fairly valued? Test your thesis with our free DCF calculator. Release Date: May 11, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Enviri Corp (NYSE:NVRI) successfully cleared key regulatory milestones for the Clean Earth sale and New Enviri spin-off, with expected closure by June 1. Harsco Environmental and Rail exceeded expectations due to better volumes, positive operational execution, and prudent cost management. The company anticipates a cash payout to shareholders from the Clean Earth sale, with a cash conversion range of $14.50 to $16.50 per share. Harsco Environmental segment revenues increased by 6% compared to the prior year, driven by new site volumes and higher services demand. New Enviri is positioned for margin improvement and earnings growth, supported by a strong capital structure and internal initiatives. Clean Earth's financial results were negatively impacted by sluggish project-related work and industrial volumes due to winter storms. Rail's adjusted EBITDA loss was $1 million in the first quarter, with challenges in filling the order book for OEM equipment in North America. Rail remains a consumer of cash, with a negative cash flow of $18 million largely due to ETO contracts. Economic uncertainty, including geopolitical situations and higher energy prices, poses risks to Harsco Environmental's business conditions. Rail's demand for equipment continues to be weak...

PHILADELPHIA, May 06, 2026 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today announced that it will issue its first quarter 2026 earnings results on Monday, May 11, after NYSE market close. The Company will also host its quarterly conference call and webcast that day beginning at 4:30 pm Eastern Time. Those who wish to listen to the conference call webcast should visit the Investor Relations section of the Company’s website at www.enviri.com. The live call can also be accessed using the dial-in details below. Please ask to join the Enviri Corporation call. Listeners are advised to dial in approximately ten minutes prior to the call. If you are unable to listen to the live call, the webcast will be archived on the Company’s website. Conference Call Details for Investors and Financial Analysts Date: Monday, May 11, 2026 Time: 4:30 pm ET Dial-in (US): (844) 539-1331 Dial-in (International): (412) 652-1264 About Enviri Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.

Sale of Clean Earth to Veolia approved by 99.54 percent of shareholders New Enviri will be a market-leading, global provider of environmental solutions for industrial waste streams and innovative equipment and technology for the rail sector Transaction closing on track for mid-year 2026 PHILADELPHIA, May 04, 2026 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) announced that its shareholders today voted to approve the Company’s pending sale of its Clean Earth division to Veolia Environnement S.A. (the “Transaction Proposal”). Immediately prior to the closing of the merger, Enviri will spin-off its Harsco Environmental and Harsco Rail business segments (“New Enviri”). The parties are targeting completion of the Clean Earth sale and spin-off of New Enviri mid-year 2026, following the satisfaction of customary closing conditions. Approval of the Transaction Proposal required the affirmative vote of holders of a majority of the outstanding shares of Enviri common stock entitled to vote on the proposal. Approximately 99.54% of the votes cast by Enviri shareholders entitled to vote thereon were voted “FOR” the transaction proposal. New Enviri Overview New Enviri will be a leading provider of critical environmental services and material processing to the metals industry and innovative equipment, after-market parts and services for the rail sector. Key business and financial highlights for New Enviri include annualized 2026 expected pro forma revenues of approximately $1.2 billion and a conservative capital structure at launch with Net Debt to Adjusted EBITDA of 2.0x, with a revolving credit facility that will be undrawn at closing. New Enviri is also expected to illustrate significant earnings and cash flow growth potential through internal improvement initiatives and investments as well as a recovery in relevant end markets. About Enviri Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be fou...

Casella (CWST) came out with quarterly earnings of $0.2 per share, beating the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +96.66%. A quarter ago, it was expected that this provider of garbage-disposal and recycling services would post earnings of $0.22 per share when it actually produced earnings of $0.3, delivering a surprise of +36.36%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Casella, which belongs to the Zacks Waste Removal Services industry, posted revenues of $457.33 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.06%. This compares to year-ago revenues of $417.1 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Casella shares have lost about 20.3% since the beginning of the year versus the S&P 500's gain of 4.2%. While Casella has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Casella was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks...

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Enviri (NYSE:NVRI) and the rest of the waste management stocks fared in Q4. Waste management companies can possess licenses permitting them to handle hazardous materials. Furthermore, many services are performed through contracts and statutorily mandated, non-discretionary, or recurring, leading to more predictable revenue streams. However, regulation can be a headwind, rendering existing services obsolete or forcing companies to invest precious capital to comply with new, more environmentally-friendly rules. Lastly, waste management companies are at the whim of economic cycles. Interest rates, for example, can greatly impact industrial production or commercial projects that create waste and byproducts. The 8 waste management stocks we track reported a mixed Q4. As a group, revenues were in line with analysts’ consensus estimates. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.7% since the latest earnings results. Cooling America’s first indoor ice rink in the 19th century, Enviri (NYSE:NVRI) offers steel and waste handling services. Enviri reported revenues of $555 million, flat year on year. This print exceeded analysts’ expectations by 0.7%. Overall, it was an exceptional quarter for the company with a beat of analysts’ EPS and EBITDA estimates. “2025 was a transformative year for Enviri, culminating in solid financial performance in the fourth quarter,” said Enviri Chairman and CEO Nick Grasberger. The stock is down 3.4% since reporting and currently trades at $18.46. Is now the time to buy Enviri? Access our full analysis of the earnings results here, it’s free. Founded to protect a tree-lined two-lane road, Montrose (NYSE:MEG) provides air quality monitoring, environmental laboratory testing, compliance, and environmental consulting services. Montrose reported revenues of $193.3 million, up 2.2% year on year, outperforming analysts’ expectations by 2.5%. The business had an exceptional quarter with a beat of analysts’ EPS and adjusted operating income estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 3.4% since reporting. It currently trades at $22.58. Is no...