Enviri Corp (NYSE:NVRI) Plunges 15% After Q2 2025 Revenue and EPS Miss, Announces Strategic Review

Enviri Corp (NYSE:NVRI) reported mixed second-quarter 2025 results, missing analyst expectations on both revenue and earnings per share (EPS), triggering a sharp pre-market selloff. The stock was down more than 15% in early trading as investors reacted to the weaker-than-anticipated performance.

Key Financial Results vs. Estimates

• Revenue: $562 million, falling short of the consensus estimate of $588.1 million.
• EPS: Reported a loss of $0.22 per share, worse than the projected loss of $0.13.
• Adjusted EBITDA: Came in at $65 million, though the company did not provide specific guidance for comparison.

The revenue miss suggests softer demand or operational challenges in one or more of Enviri’s business segments—Harsco Environmental, Clean Earth, or Harsco Rail. The wider-than-expected loss indicates higher costs or inefficiencies impacting profitability.

Market Reaction

The immediate pre-market drop of over 15% reflects investor disappointment, particularly given that the company also announced it is exploring strategic alternatives to maximize shareholder value—a move that typically signals management’s acknowledgment of underperformance or the need for restructuring. The stock had been relatively stable in recent weeks, with minimal movement over the past month, suggesting that the earnings release was a significant catalyst for the selloff.

Forward-Looking Estimates

Analysts currently project:

• Q3 2025 Revenue: $595.5 million, with an estimated EPS of $0.07.
• Full-Year 2025 Revenue: $2.34 billion, with an estimated EPS loss of $0.19.

Enviri did not provide explicit guidance in its earnings release, leaving investors to rely on external estimates. The lack of an upbeat outlook may have contributed to the negative sentiment, as markets often penalize uncertainty.

Strategic Review Announcement

Alongside earnings, Enviri disclosed it is evaluating strategic alternatives—a process that could include asset sales, partnerships, or other measures to improve value. While such moves can unlock long-term potential, the immediate market reaction suggests skepticism about near-term execution risks.

For a deeper dive into Enviri’s earnings and analyst estimates, visit Enviri’s earnings page.

Disclaimer: This article is not investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.