GFL Environmental Inc reports results for the quarter ended December 31 - Earnings Summary

• GFL Environmental Inc GFL.TO reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of twelve analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from -2 cents to 30 cents per share.

• Revenue rose 5.5% to C$1.99 billion from a year ago; analysts expected C$1.98 billion.

• GFL Environmental Inc's reported EPS for the quarter was a loss of 52 cents​.

• The company reported a quarterly loss of C$189.1 million.

• GFL Environmental Inc shares had risen by 3.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "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 GFL Environmental Inc is C$70.00

This summary was machine generated from LSEG data February 24 at 10:40 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)