Casella Waste Systems Inc reports results for the quarter ended in December - Earnings Summary

Casella Waste Systems

15/02/2024 23:44

* Casella Waste Systems Inc  CWST.OQ  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 18 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 16 cents per
share. Wall Street expected results to range from 6 cents to 24
cents per share.
    * Revenue rose 32.1% to $359.57 million from a year ago;
analysts
expected $360.08 million. 
    * Casella Waste Systems Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The company reported a quarterly loss of $1.81 million.
    * Casella Waste Systems Inc shares had risen by 7.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Casella Waste
Systems Inc is $100.00 
This summary was machine generated from LSEG data February 15 at
11:44 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.16           0.13           Missed
 Sep. 30 2023      0.39           0.35           Missed
 Jun. 30 2023      0.37           0.36           Missed
 Mar. 31 2023      0.09           0.10           Beat