Secure Waste Infrastructure Corp Reports Results For The Quarter Ended December 31: Earnings Summary

SECURE Waste Infrastructure

21/02/2025 14:31

* SECURE Waste Infrastructure Corp  SES.TO  reported
quarterly
adjusted earnings of 14 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of 20 cents.  The mean expectation of
four analysts for the quarter was for earnings of 22 cents per
share. Wall Street expected results to range from 19 cents to 28
cents per share.
    * Revenue fell 26.4% to C$332.00 million from a year ago;
analysts
expected C$369.35 million. 
    * SECURE Waste Infrastructure Corp's reported EPS for the
quarter
was 14 cents​.
    * The company reported quarterly net income of C$34 million.
    * SECURE Waste Infrastructure Corp shares had fallen
by 10.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "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 SECURE Waste
Infrastructure Corp is C$18.00 
This summary was machine generated from LSEG data February 21 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.22           0.14           Missed
 Sep. 30 2024      0.22           0.39           Beat
 Jun. 30 2024      0.14           0.12           Missed
 Mar. 31 2024      0.14           1.47           Beat