• Enviri Q1 2026 earnings call featured Chairman and CEO F. Nicholas Grasberger, President and COO and incoming New Enviri CEO Russell Hochman, CFO Tom Vadaketh, incoming New Enviri CFO Pete Minan, VP investor relations David Martin; Lake Street analyst Robert Brown joined Q&A.
• Clean Earth sale cleared key regulatory milestones, with closing expected in about three weeks on June 1; cash conversion to shareholders reiterated at $14.5 to $16.5 per share, with payout timing flagged shortly before close.
• Q1 revenue totaled $550 million; adjusted EBITDA $65 million; adjusted diluted EPS $0.10; adjusted free cash flow was negative $6 million, with Rail negative cash flow of $18 million tied largely to ETO contracts.
• 2026 guidance for New Enviri unchanged, with Harsco Environmental adjusted EBITDA $170 million-$180 million, Rail EBITDA loss $19 million-$26 million; pro forma EBITDA about $140 million at midpoint, with expectation for modest free cash flow maintained.
• Rail order book running behind historical pace, driven by weak North American OEM equipment demand; aftermarket about 40% of revenue with roughly 2x OEM margins, while management reiterated priority to de-risk European ETOs, with SBB first vehicle group largely accepted and remaining 2 of 48 expected to be accepted in coming months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enviri Corporation published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.