Enviri Corporation (NVRI)

Enviri reported Q1 2025 revenues of $548.3 million, missing estimates by 2.1%, and a non-GAAP loss per share of -$0.18, better than expected; management lowered full-year Adjusted EPS guidance. The company reported Q2 2025 revenues of $562 million, missing expectations, and an adjusted EPS of -$0.22, also missing expectations; management attributed the revised annual outlook to demand weakness and heightened costs in the Rail segment, and lowered full-year Adjusted EPS and EBITDA guidance. Enviri announced a formal evaluation of strategic alternatives to enhance shareholder value, considering a sale or separation of its Clean Earth business. Enviri participated in several investor conferences. Clean Earth unveiled a new service center in Syracuse, New York, to boost capacity. Harsco Environmental expanded its services with a new 15-year contract with Jindal Stainless. NVRI stock has risen by 8.51% in the past week and 9.40% in the past month, with a 102.27% increase over the last six months; analysts have given Enviri a consensus rating of "Reduce" with an average price target of $10.00.

Specific seasonal patterns are not detailed, the nature of Enviri's diverse operations across industrial services, waste management, and rail infrastructure suggests that various segments could experience different demand cycles throughout the year. Harsco Environmental might experience demand fluctuations tied to industrial production cycles and commodity prices. Clean Earth might have some seasonality, potentially linked to construction activity or industrial output. Harsco Rail could be influenced by weather conditions.

Enviri Corporation, headquartered in Philadelphia, Pennsylvania, is a global provider of environmental solutions for industrial and specialty waste streams, as well as equipment and technology for the rail sector. The company operates within the Industrials sector, specifically in the Waste Management industry. Enviri was formerly known as Harsco Corporation and rebranded in June 2023 to better reflect its focus on environmental solutions. Enviri operates through three main segments: Harsco Environmental offers on-site environmental services for managing waste and byproduct streams, manufactures value-added downstream products and ecoproducts. Clean Earth provides specialty waste processing solutions, including treatment, recycling, and beneficial reuse of hazardous and non-hazardous wastes. Harsco Rail offers railway track maintenance equipment and services.

Enviri Corporation has a significant global presence, operating in more than 150 locations across over 30 countries. While it provides environmental solutions internationally, a significant portion of its business is concentrated in the United States.

Enviri's brand reputation is focused on its transformation into an environmental solutions company and its commitment to sustainability. The rebranding from Harsco Corporation to Enviri Corporation aimed to better reflect the company's focus on environmental solutions. The strategic review of the Clean Earth business could be viewed in different ways. Missing Wall Street's revenue and EPS estimates and lowering full-year guidance could negatively impact investor confidence. The expansion of Clean Earth and Harsco Environmental contracts demonstrates continued operational growth and commitment to their core environmental services.

Approximately 93.43% to 104.66% of Enviri's stock is held by institutional shareholders, including Blackrock Inc., Fund 1 Investments LLC, and Neuberger Berman Group LLC. F. Nicholas Grasberger III, the Chairman and CEO, is the largest individual Enviri shareholder, owning 1.10% of the company. Insiders collectively hold about 2.07% to 3.68% of the stock.