Casella Waste Systems, Inc. reports results for the quarter ended June 30 - Earnings Summary
Casella Waste Systems, Inc. reports results for the quarter ended June 30 - Earnings Summary
Casella Waste Systems, Inc. CWST.OQ reported quarterly adjusted earnings of 40 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of eleven analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 14 cents to 37 cents per share.
Revenue rose 16.9% to $543.75 million from a year ago; analysts expected $525.33 million.
Casella Waste Systems, Inc.'s reported EPS for the quarter was 6 cents.
The company reported quarterly net income of $3.77 million.
Casella Waste Systems, Inc. shares had fallen by 7.1% this quarter and lost 8.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "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 $116.50, about 22.7% above its last closing price of $90.04
This summary was machine generated from LSEG data August 6 at 09:01 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 |
Jun. 30 2026 | 0.30 | 0.40 | Beat |
Mar. 31 2026 | 0.10 | 0.20 | Beat |
Dec. 31 2025 | 0.23 | 0.30 | Beat |
Sep. 30 2025 | 0.33 | 0.42 | Beat |
Recent news on Casella Waste Systems
See all newsUS RESEARCH ROUNDUP-Eli Lilly, Netflix, Zscaler
Activist Jana takes stake in Casella Waste, urges changes (updated)
Activist Jana takes stake in Casella Waste, urges changes
U.S. RESEARCH ROUNDUP-Compass Minerals, Duke Energy, Tesla
Casella Waste Systems, Inc. reports results for the quarter ended June 30 - Earnings Summary