Energy Recovery (NASDAQ: ERII) has announced that it will be unveiling its third quarter financial results on Wednesday 30th October 2024. The disclosure is planned to occur after market close.
As per the predictions of financial analysts on Wall Street, the company is set to report an estimated per share $0.09 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $39.11 million for the period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $146.16 million. Furthermore, they are predicting profit of $0.33 per share for the full year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.2. This figure was attributed to the company's total revenue, which reached an impressive $37.04 million during that same period.
In addition, The firm will review the third quarter financial results on 30th October 2024 at 05:00 PM eastern time, in a conference call with public.
Throughout Monday's trading, Energy Recovery (ERII) shares fluctuated between $17.89 and $18.20, with a trading volume of 218.30 thousand shares. The stock ended the regular trading session at $17.98, reflecting an advance of 0.90 percent.
