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Enviva reported a second-quarter 2023 net loss of $55.8 million and adjusted EBITDA of $26.0 million, both in line with guidance. The company reaffirmed its full-year guidance and lowered its 2023 capital expenditure range to $335-365 million, mainly due to timing changes at its Epes and Bond projects.
Enviva is a wood-pellet producer, so its results and capex changes have little direct effect on feed grain or protein commodity prices.
businesswire.comKate WalshAug 2, 2023After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
