Enviva Partners (NYSE:EVA) is scheduled to be announcing its earnings results before the market opens on Friday, November 9th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
Enviva Partners (NYSE:EVA) last issued its earnings results on Wednesday, August 8th. The energy company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.10. The company had revenue of $132.10 million for the quarter, compared to analysts’ expectations of $148.60 million. Enviva Partners had a negative net margin of 0.30% and a positive return on equity of 8.77%. On average, analysts expect Enviva Partners to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of EVA stock opened at $30.82 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 3.13. The stock has a market capitalization of $808.11 million, a PE ratio of 50.52 and a beta of 1.06. Enviva Partners has a 52-week low of $25.01 and a 52-week high of $33.20.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 29th. Stockholders of record on Thursday, November 15th will be issued a $0.635 dividend. This represents a $2.54 dividend on an annualized basis and a dividend yield of 8.24%. This is a boost from Enviva Partners’s previous quarterly dividend of $0.63. The ex-dividend date is Wednesday, November 14th. Enviva Partners’s dividend payout ratio is presently 413.11%.
A number of equities research analysts have recently issued reports on EVA shares. Zacks Investment Research cut shares of Enviva Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 9th. TheStreet raised shares of Enviva Partners from a “c+” rating to a “b” rating in a report on Monday, September 17th. ValuEngine raised shares of Enviva Partners from a “hold” rating to a “buy” rating in a report on Thursday, August 23rd. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $37.00 price target (up from $33.00) on shares of Enviva Partners in a report on Thursday, August 9th.
WARNING: “Enviva Partners (EVA) Scheduled to Post Quarterly Earnings on Friday” was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international copyright and trademark law. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/11/07/enviva-partners-eva-scheduled-to-post-quarterly-earnings-on-friday.html.
About Enviva Partners
Enviva Partners, LP produces and supplies utility-grade wood pellets. It serves utilities and power generators in the United Kingdom and other European markets. Enviva Partners GP, LLC operates as the general partner of the company. Enviva Partners, LP was founded in 2013 and is based in Bethesda, Maryland.
Recommended Story: What is a Stop Order?
Receive News & Ratings for Enviva Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enviva Partners and related companies with MarketBeat.com's FREE daily email newsletter.