Craig Hallum estimates USD 0.21 per-share loss for Perma-Fix Environmental Services stock
Published on 10/06/2026 at 03:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCraig Hallum estimates a USD 0.21 per-share loss for Perma-Fix Environmental Services in the third quarter of 2026, according to MarketBeat citing a September 29, 2026 analyst report. The estimate puts the next quarterly result firmly in loss territory, while the stock's current valuation still reflects expectations for a recovery.
Second-quarter loss sets the baseline
Perma-Fix reported revenue of USD 12.89 million in the second quarter of 2026 against a USD 12.90 million consensus estimate, while diluted earnings per share came to minus USD 0.32 versus minus USD 0.31 expected, MarketBeat reported on October 5, 2026. The earnings shortfall was USD 0.01 per share, while the revenue gap was USD 0.01 million.
The company posted a net loss of USD 6.20 million in the second quarter of 2026. That compared with a USD 7.49 million loss in the first quarter, indicating a narrower quarterly loss even as the business remained unprofitable.
Hanford backlog points to expansion
Perma-Fix's treatment backlog increased 29.00 percent to USD 15.70 million in the second quarter of 2026 as Hanford-related waste receipts grew, according to Markets Insider on September 23, 2026. The company also said task orders under its Hanford Master IDIQ subcontract could begin in January 2027, giving the backlog a concrete path toward additional waste-processing activity.
The same September 2026 investor presentation outlined a potential USD 97.40 million annual run rate for the Hanford opportunity in 2028, including USD 62.40 million for the 200 East combined-waste program and USD 35.00 million for DFLAW combined waste, Markets Insider reported. Those figures are projections rather than current revenue, so the near-term test remains whether new waste receipts convert into reported sales.
Market value and operating risk
At the October 5, 2026 market snapshot, Perma-Fix had a market capitalization of USD 328.4 million. Its 52-week range was USD 8.58 to USD 21.32, leaving a wide valuation corridor as investors weigh near-term losses against Hanford capacity and contract opportunities.
Perma-Fix operates nuclear waste treatment and environmental services businesses for government and commercial customers. The company identifies Q2 2026, ended June 30, 2026, as its latest financial period on its investor-relations page, Perma-Fix Environmental Services states. For investors, the central calculation is whether backlog growth can offset the USD 0.21 per-share loss projected for the third quarter.
Perma-Fix Environmental Services at a glance
- Company: Perma-Fix Environmental Services, Inc.
- ISIN: US7141572039
- Ticker: PESI
- Primary exchange: Nasdaq Capital Market
- Market capitalization: USD 328.4 million (as of October 5, 2026)
- 52-week range: USD 8.58-21.32 (as of October 5, 2026)
- Sector / Industry: Industrials / Waste Management
