Fintel reports that on May 9, 2023, Fearnleys upgraded their outlook for Energy Recovery (NASDAQ:ERII) from Hold to Buy. As of April 24, 2023, the average one-year price target for Energy Recovery is ...
Energy Recovery (ERII) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.20 per share a year ago. These ...
Energy Recovery faces a bearish outlook due to stagnant revenues, premium valuation, and a clouded path to its 2029 revenue target. ERII's heavy stock-based compensation continues to weigh on earnings ...