Avalon Q2 profit more than triples as operating income rises

Avalon Holdings

07/08/2026 22:14

Overview
US waste management and resort operator's Q2 net operating revenue rose 3% yr/yr
Q2 net income attributable to shareholders more than tripled from prior year
Basic EPS for Q2 rose to $0.23 from $0.07 a year earlier

Outlook
Avalon did not provide specific guidance or outlook for future quarters or the full year

Result Drivers
WASTE MANAGEMENT SERVICES - Revenue from waste management services increased slightly yr/yr in Q2
FOOD, BEVERAGE AND MERCHANDISE SALES - Revenue from food, beverage and merchandise sales rose modestly yr/yr in Q2

Company press release: ID:nPn3KV1cna

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
 
$809,000
 
Q2 Basic EPS
 
$0.23
 
Q2 Operating Income
 
$1.36 mln
 
Q2 Pretax Profit
 
$839,000
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)