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Energy Recovery misses by $0.04, misses on revenues

  • Energy Recovery (ERII): Q3 EPS of -$0.08 misses by $0.04.
  • Revenue of $4.9M misses by $4.95M. (PR)

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Comments (4)
  • Esekla
    , contributor
    Comments (3671) | Send Message
     
    Nobody should have been expecting much from them until 2014. We'll see what updates they have on the outlook during the conference call tomorrow morning.
    6 Nov 2013, 04:33 PM Reply Like
  • GregCialini
    , contributor
    Comments (9) | Send Message
     
    I guess the stock will tank tomorrow with these misses?

     

    (long ERII)
    6 Nov 2013, 05:08 PM Reply Like
  • Michael Fitzsimmons
    , contributor
    Comments (9666) | Send Message
     
    Yeah, but I was certainly expecting more than this. Although they said they did ship a multi-million dollar shipment the first week of October, that just gets them back to Q3 expectations. Sure hope they have some good news on the oil & gas front on tomorrow's conf. call....they also need to explain why the guidance was so optimistic in light of the results delivered.
    6 Nov 2013, 06:11 PM Reply Like
  • vandal6
    , contributor
    Comments (18) | Send Message
     
    Q3 appears explained. They need to reaffirm Q4 & FY at minimum. I'm worried about Q1. No contract announcements in October or November (yet) makes Q1 an airball...
    6 Nov 2013, 08:58 PM Reply Like
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