Perma-Fix (PESI) Q3 earnings: what to expect

What happened

Perma-Fix, an environmental waste treatment and services provider, is due to report its third-quarter earnings this Thursday before the market opens. Last quarter, revenue was $12.89 million, down 11.7% from a year earlier, while the company missed analysts’ estimates for EBITDA and earnings per share.

Confirmed

Global impact / market context

The report will show whether Perma-Fix’s revenue decline is continuing and whether its results improve on last quarter’s misses for EBITDA, a measure of operating performance, and earnings per share, profit allocated to each share. Weaker results could constrain cash available for operations or investment.

Analyst inference

Analysts expect revenue to fall 14.6% year on year, compared with growth of 3.8% in the same quarter last year, and have generally kept estimates unchanged over the past 30 days. Larger waste-sector peers reported growth, but their results do not establish Perma-Fix’s performance.

Analyst inference

What to watch

1. Check reported revenue against the expected 14.6% year-on-year decline; a smaller fall could indicate demand held up better than analysts anticipated. Analyst inference
2. Look for EBITDA and earnings per share versus analysts’ estimates, since the company missed both measures last quarter and repeated misses could pressure investment capacity. Analyst inference
3. Compare management’s outlook with the largely unchanged analyst estimates and last year’s 3.8% revenue growth, which may signal whether expectations need revision. Analyst inference

Evidence

• stockstory.org