Overview

* Enviri ( NVRI ) Q3 revenue remains flat at $575 mln, adjusted EBITDA falls to $74 mln

* Company reports $20 mln GAAP loss from continuing operations, up from $11 mln last year

* Enviri ( NVRI ) amends credit agreement to enhance financial flexibility

* Company lowers full-year outlook

Outlook

* Enviri ( NVRI ) expects 2025 Adjusted EBITDA between $268 mln and $278 mln

* Company projects 2025 free cash flow between $(30) mln and $(20) mln

* Enviri ( NVRI ) anticipates continued headwinds in Harsco Rail and Environmental segments through year-end

Result Drivers

* CLEAN EARTH PERFORMANCE - Record quarter for Clean Earth driven by higher volumes and improved service pricing, per CEO Nick Grasberger

* HARSCO RAIL DEMAND - Weak demand in Harsco Rail impacted consolidated results, according to CEO Nick Grasberger

* HARSCO ENVIRONMENTAL CHALLENGES - Harsco Environmental faced higher operating costs and project delays, affecting results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $575 mln

Revenue

Q3 $74 mln

Adjusted

EBITDA

Q3 12.90%

Adjusted

EBITDA

Margin

Q3 -$0.08

Adjusted

EPS

continui

ng

operatio

ns

Q3 EPS -$0.26

continui

ng

operatio

ns

Q3 $16 mln

Operatin

g Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the environmental services & equipment peer group is "buy."

* Wall Street's median 12-month price target for Enviri Corp ( NVRI ) is $18.00, about 32.3% above its November 7 closing price of $12.19

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)