ReutersReuters

Casella Waste Systems Inc reports results for the quarter ended in March - Earnings Summary

  • Casella Waste Systems Inc CWST reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of seven analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -4 cents tozero cents per share.

  • Revenue rose 29.9% to $341.01 million from a year ago; analysts expected $340.99 million.

  • Casella Waste Systems Inc's reported EPS for the quarter was a loss of 7 cents​.

  • The company reported a quarterly loss of $4.12 million.

  • Casella Waste Systems Inc shares had fallen by 3.9% this quarter and gained 11.2% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 119.6% 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 6 "strong buy" or "buy," no "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 $105.00

This summary was machine generated from LSEG data April 26 at 12:50 a.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

Mar. 31 2024

-0.02

-0.01

Beat

Dec. 31 2023

0.16

0.13

Missed

Sep. 30 2023

0.39

0.35

Missed

Jun. 30 2023

0.37

0.36

Missed

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