Enviva (NYSE: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.
