Casella Waste Systems Inc expected to post earnings of 16 cents a share - Earnings Preview

Casella Waste Systems

13/02/2024 21:15

* Casella Waste Systems Inc  CWST.OQ   CWST.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
15 for the period ending December 31 2023
    * The Rutland Vermont-based  company is expected to report a
32.3% increase in revenue to $360.08 million from $272.13
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Casella Waste Systems
Inc is
for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Casella
Waste
Systems Inc is $100.00​, above​ its last closing price
of $89.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.38        0.39       0.35      Missed  -9.4
 Jun. 30 2023  0.36        0.37       0.36      Missed  -2.4
 Mar. 31 2023  0.10        0.09       0.10      Beat    12.4​
 Dec. 31 2022  0.22        0.23       0.18      Missed  -21.5
 ​​Sep.        0.35        0.36       0.45      Beat    23.4
 30 2022                                                
 Jun. 30 2022  0.27        0.28       0.36      Beat    30.9​
 Mar. 31 2022  0.09        0.10       0.11      Beat    6.4
 Dec. 31 2021  0.18        0.18       0.21      Beat    15.3
 This summary was machine generated February 13 at 21:15 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)