GFL Environmental Inc expected to post earnings of 33 cents a share - Earnings Preview

GFL Environmental

05/11/2024 24:31

* GFL Environmental Inc  GFL.TO   is expected to show a rise
in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Vaughan Ontario-based  company is expected to report a
8.6% increase in revenue to $2.053 billion from $1.89 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for GFL Environmental Inc is
for
earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"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 GFL
Environmental
Inc is C$62.32​, above​ its last closing price of C$57.50. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.31        0.30       0.29      Missed  -2.1
 Mar. 31 2024  -0.14       -0.01      -0.01     Met     -22.2
 Dec. 31 2023  0.24        0.23       0.05      Missed  -77.8​
 Sep. 30 2023  0.26        0.27       0.32      Beat    20.5
 ​​Jan.        0.25        0.26       0.49      Beat    87.3
 1 0001                                                 
 Mar. 31 2023  -0.10       -0.04      0.08      Beat    292.5​
 Dec. 31 2022  0.10        0.09       -0.02     Missed  -122.9
 Sep. 30 2022  0.17        0.16       0.20      Beat    26
 This summary was machine generated November 5 at 00:31 GMT.  All
figures in Canadian 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)