Casella Waste Systems Q3 revenue beats expectations on growth driven by acquisitions

Casella Waste Systems

30/10/2025 20:35

Overview

Casella Q3 2025 revenue grows 17.9% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 2025 beats analyst expectations, driven by acquisitions and organic growth

Company raises lower end of 2025 revenue and adjusted EBITDA guidance

Outlook

Company raises lower end of 2025 revenue guidance to $1.830 bln

Casella raises lower end of 2025 Adjusted EBITDA guidance to $415 mln

Company reaffirms 2025 net income guidance between $8 mln and $18 mln

Result Drivers

ACQUISITIONS - Revenue growth driven by rollover impact from acquisitions and deals closed in prior periods

PRICING AND VOLUME - Solid waste pricing increased by 4.6% and higher landfill volumes contributed to organic growth

SYSTEM INTEGRATION - Progress in billing system integrations and new truck deliveries expected to improve business performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$485.40 mln
$476.64 mln (9 Analysts)
Q3 Adjusted Net Income
Beat
$26.60 mln
$21.06 mln (7 Analysts)
Q3 Net Income
$10 mln
Q3 Adjusted EBITDA
Beat
$119.90 mln
$115.81 mln (10 Analysts)
Q3 Operating income
$29.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Casella Waste Systems Inc is $123.00, about 31.6% above its October 29 closing price of $84.17

Press Release: ID:nGNX5nXSdj

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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.)