Energy Recovery receives Investment Bank Analyst Rating Update
Energy Recovery (ERII) reported Q3 EPS of $0.12, $0.02 better than the analyst estimate of $0.10. Revenue for the quarter came in at $30.5 million versus the consensus estimate of...
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The S&P showed us how it’s done on Thursday by not only reaching a new intraday record (as the Dow did yesterday), but also finishing the session at a fresh closing...
Energy Recovery, Inc. (NASDAQ:ERII) shares rallied 14.4% in the last trading session to close at $20.60. This move can be attributable to notable volume with a higher number of...
Energy Recovery, Inc. creates technologies that solve challenges for industrial fluid-flow markets. The Company's segments include Water and Emerging Technologies. Water segment includes the continued development, sales and support of the Pressure Exchanger (PX), hydraulic turbochargers and pumps used in its seawater desalination and industrial wastewater activities. Emerging Technologies segment includes the continued development, sales and support of activities related to technologies, such as the VorTeq used in the oil and gas market, the ISOBoost used in natural gas processing, the PX G1300 used in industrial and commercial refrigeration applications and certain other new products. It offers various products such as PX pressure exchanger, PX powertrain, Turbochargers, Ultra PX, Isoboost & Isogen, Circulation pumps, High-pressure Pumps, Vorteq, and PX G1300. It designs and manufactures solutions that reduce waste and energy consumption across a range of industrial processes.
|Average||24.75 (+13.85% Upside)|
|No. of Analysts||4|