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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.17Last Year’s EPS
-0.22Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed several meaningful positives: the Clean Earth sale and spin-off cleared major regulatory milestones with an expected cash payout, Harsco Environmental delivered solid organic growth (+6% revenue) and beat expectations on EBITDA, and management laid out a clear de-risking and restructuring plan for Rail including focus on higher‑margin aftermarket. Offsetting these positives are persistent Rail challenges—ongoing ETO contract risk, $18M of Rail cash consumption in Q1, an order book behind historical pacing, and a small negative free cash flow for the quarter (-$6M). Management maintained 2026 guidance and emphasized actions to improve margins and reduce risk. Overall, the operational and strategic positives (transaction completion, Harsco Environmental strength, clear remediation plans for Rail) outweigh the nearer-term cash and contract headwinds, though Rail remains a key risk to execution.Company Guidance
Clean Earth Sale and Spin-off Approved
Shareholders approved the Clean Earth sale and the Form 10 for the new Enviri spin-off was declared effective. Expect closing in approximately three weeks (around June 1). Company expects a cash conversion range of $14.50 to $16.50 per share and will announce the cash payout to shareholders shortly prior to closing.
Total Company Q1 Results (Stable Revenue, Positive EBITDA)
Total revenue was $550 million, essentially unchanged year-over-year (0% YoY). Adjusted EBITDA was $65 million and adjusted diluted earnings per share were $0.10 for the quarter. Management noted Q1 is a traditionally weak cash quarter.
Harsco Environmental Outperformed Expectations
Harsco Environmental revenue was $257 million, up 6% year-over-year, and adjusted EBITDA was $38 million, exceeding expectations. Drivers included volumes from new sites, higher services demand, operational improvements, and FX benefits. Trade measures supporting the EU steel industry reached alignment in mid-April with implementation anticipated in July.
Rail Base Business Positive; Strategic Actions Underway
Rail reported revenues of $67 million and its base business generated positive EBITDA in the quarter, with an overall adjusted EBITDA loss of $1 million (modest loss attributable to overhead supporting ETO contracts). Management is executing initial restructuring, prioritizing aftermarket (roughly 40% of revenue) which has ~2x the margins of OEM, improving supply chain, reducing inventory, and de-risking large ETO contracts (SBB deliveries largely accepted; remaining units expected accepted in coming months). Company expects to turn cash positive on the SBB project in 2027.
Guidance and Pro Forma Outlook Maintained
2026 guidance unchanged: Harsco Environmental adjusted EBITDA range $170M–$180M; Rail EBITDA loss range ($19M)–($26M). Using midpoints, pro forma EBITDA for new Enviri Corporation is approximately $140 million. Company expects modest free cash flow for the year.
NVRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Enviri Corporation (NVRI) report earnings?
Enviri Corporation (NVRI) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Enviri Corporation (NVRI) earnings time?
Enviri Corporation (NVRI) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NVRI EPS forecast?
NVRI EPS forecast for the fiscal quarter 2026 (Q2) is -0.17.