Recap: Enviva Q1 Earnings

Enviva EVA reported its Q1 earnings results on Thursday, May 4, 2023 at 06:04 AM.

Here's what investors need to know about the announcement.

Enviva missed estimated earnings by 277.78%, reporting an EPS of $-1.7 versus an estimate of $-0.45.

Revenue was up $36.10 million from the same period last year.

Last quarter the company missed on EPS by $1.31 which was followed by a 13.43% drop in the share price the next day.

Here's a look at Enviva's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.57	0.03	-0.11	0.06
EPS Actual	-0.74	-0.12	-0.26	-0.10
Revenue Estimate	422.30M	352.16M	286.26M	263.01M
Revenue Actual	239.31M	325.66M	296.32M	232.98M

To track all earnings releases for Enviva visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.