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Energy Recovery (ERII)
NASDAQ:ERII
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
>-0.01Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 1.91%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong quarterly performance, manufacturing improvements, and expansion into new international markets. The company also expressed confidence through an additional share buyback program. However, there are concerns about potential tariff impacts on the wastewater business in China. Overall, the positive aspects significantly outweigh the concerns.Company Guidance
During the earnings call for Energy Recovery, several key metrics and future projections were discussed. The company anticipates further gross margin improvement in 2025, driven by manufacturing efficiencies and transformations, particularly targeting the Q400 and Q300 products. The geographic breakdown for desalination revenue in 2025 is expected to remain similar to 2024, with over 60% coming from the Middle East and North Africa. Additionally, the company announced a $30 million share buyback, reflecting confidence in their cash flow and strategic playbook. Revenue guidance for the wastewater business was set between $13 million and $16 million, considering potential risks from tariffs impacting Chinese exports. The call also highlighted new commercial applications and market interest for their PX technology, notably in Japan and South Africa, driven by trade show exposure and successful test sites.Strong Fourth Quarter Results
Energy Recovery reported a strong performance in the fourth quarter, as acknowledged by Jeffrey Campbell from Seaport Research Partners.
Manufacturing Transformation and Efficiency
The company has seen significant improvements in manufacturing efficiency, with continuous improvement expected throughout the year, leading to gross margin improvements in 2025.
Expansion in International Markets
Increased interest in the PXG product from markets outside the core areas, including Japan and South Africa, indicating potential growth in these regions.
Share Buyback Program
Energy Recovery announced an additional $30 million share buyback, reflecting confidence in its cash flow and strategic playbook.
Desalination Revenue Stability
The company expects a similar geographic breakdown of desalination revenue in 2025 as in 2024, demonstrating stability in this segment.
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ERII 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
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ERII Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $14.68 | $15.05 | +2.52% |
| Oct 30, 2024 | $17.86 | $17.86 | 0.00% |
| Jul 31, 2024 | $14.58 | $17.59 | +20.64% |
| May 01, 2024 | $14.65 | $13.04 | -10.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Energy Recovery (ERII) report earnings?
Energy Recovery (ERII) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Energy Recovery (ERII) earnings time?
Energy Recovery (ERII) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ERII EPS forecast?
ERII EPS forecast for the fiscal quarter 2025 (Q1) is >-0.01.
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