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

SECURE Waste Infrastructure

02/05/2025 14:32

SECURE Waste Infrastructure Corp SES.TO reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of C$1.47.  The mean expectation of four analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 14 cents to 31 cents per share.

Revenue rose 3.1% to C$371.00 million from a year ago; analysts expected C$351.00 million.

SECURE Waste Infrastructure Corp's reported EPS for the quarter was 16 cents​.

The company reported quarterly net income of C$38 million.

SECURE Waste Infrastructure Corp shares had fallen by 16.1% this quarter and lost 19.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.5% 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 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 May 2 at 01:31 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
Mar. 31 2025
0.24
0.16
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