Casella Waste Systems Inc reports results for the quarter ended March 31 - Earnings Summary

• Casella Waste Systems Inc CWST.OQ reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of nine analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from -14 cents to 52 cents per share.

• Revenue rose 22.3% to $417.10 million from a year ago; analysts expected $404.07 million.

• Casella Waste Systems Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $4.81 million.

• Casella Waste Systems Inc shares had risen by 5.3% this quarter and gained 11.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 95.6% 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 6 "strong buy" or "buy," 3 "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 $121.00

This summary was machine generated from LSEG data May 2 at 03:44 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)