Energy Recovery (ERII) Q3 Earnings and Revenues Top Estimates

Energy Recovery (ERII) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of$ 0.09 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this maker of energy recovery devices would post earnings of$ 0.02 per share when it actually produced earnings of $0.07, delivering a surprise of +250%.Over the last fo ...