Energy Recovery (ERII) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

-$0.03

Estimate

-$0.04

Surprise

+14.3%

Revenue (period 2026-06-30)

$12.0M

Score at report (before → after)

6.8 → 6.5/10

Revenue source: xbrl.

Energy Recovery (ERII) reported a narrower loss than forecast — diluted EPS of -$0.03 against the -$0.04 estimate (a 14.3% beat on a still-unprofitable quarter). TrendMatrix's engine moved from Buy (Wait) (6.8/10) to Sell at 6.5/10 after the report — the engine's score fell despite the beat.

TrendMatrix currently rates ERII Sell at 5.6/10.

2 of the last 4 quarters beat the estimate; this quarter's +14.3% surprise compares with a -8.1% four-quarter average. Next scheduled report: 2026-11-04.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$7.89

Price target

$7.93

Stop

$7.35

Upside to target

+0.5%

Reward-to-risk

0.0:1

Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry

Pollution & Treatment Controls

Market cap

$403.3M

P/E (fwd)

16.3

P/E (ttm)

30.4

52-week range

$7.51–$18.32

Off 52-week high

56.9%

RSI (14)

33

Volume vs avg

0.49×

Score today

5.6/10