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Enviva: Q3 Earnings Snapshot

Associated Press Finance
·1-min read

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Enviva Inc. (EVA) on Thursday reported a loss of $85.2 million in its third quarter.

The Bethesda, Maryland-based company said it had a loss of $1.14 per share. Losses, adjusted for non-recurring costs and asset impairment costs, were 61 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.

The master limited partnership posted revenue of $320.6 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $354.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVA at https://www.zacks.com/ap/EVA