Enviva Partners (EVA) Scheduled to Post Quarterly Earnings on Friday

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.

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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.

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Earnings History for Enviva Partners (NYSE:EVA)

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