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Perma-Fix Environmental Services (PESI)
NASDAQ:PESI
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Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.12Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -25.41%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as the launch of the Perma-FAS system and international revenue opportunities. However, these were offset by challenges including a notable revenue decline, operational disruptions, and a net loss. Despite the positive developments, the financial struggles present a balanced outlook.Company Guidance
During the Perma-Fix Environmental Services Q3 2024 earnings call, the company reported a challenging yet transformative quarter, with revenue at $16.8 million, reflecting a decrease of 23.2% from the previous year's third quarter. Operational disruptions, such as hurricane-related outages and thermal treatment system repairs, impacted productivity, particularly at the Perma-Fix Florida facility. However, the launch of the commercial Perma-FAS system for PFAS treatment, capable of processing approximately 650 gallons per 8-hour cycle, marked a significant milestone. The company has invested $930,000 in PFAS technology this quarter and $1.6 million year-to-date, with plans for further investment to enhance margins and efficiency. Internationally, Perma-Fix secured commitments for nearly $7 million in revenue from larger waste streams expected from Canada, Mexico, and Germany through Q2 2025. Additionally, a EUR 50 million contract with the Joint Research Council in Italy is underway, and the company has been selected as an integrated subcontractor for a 10-year, $3 billion U.S. government project, reflecting strategic growth and positioning for future opportunities.Successful Launch of Perma-FAS System
Perma-Fix launched its first commercial Perma-FAS system for PFAS treatment at its Florida facility, capable of treating approximately 650 gallons of PFAS liquids in an 8-hour cycle.
International Revenue Opportunities
Expected shipments from Canada, Mexico, and Germany are projected to generate nearly $7 million in revenue from Q4 2024 through Q2 2025.
Significant Contract Award
Perma-Fix was selected as an integrated subcontractor for a 10-year $3 billion project by a U.S. government agency, reflecting its strategic direction in the nuclear services industry.
Improved Waste Receipts
Waste receipts showed improvement with operational upgrades at several facilities, enhancing efficiency and productivity.
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PESI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PESI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $14.68 | $13.66 | -6.95% |
| Aug 08, 2024 | $10.21 | $10.06 | -1.47% |
| May 09, 2024 | $11.55 | $12.08 | +4.59% |
| Mar 13, 2024 | $8.49 | $9.07 | +6.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Perma-Fix Environmental Services (PESI) report earnings?
Perma-Fix Environmental Services (PESI) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is Perma-Fix Environmental Services (PESI) earnings time?
Perma-Fix Environmental Services (PESI) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PESI EPS forecast?
PESI EPS forecast for the fiscal quarter 2024 (Q4) is -0.12.
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