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.

Earnings

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.

Past Earnings Performance

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.

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