Casella Waste Systems (CWST) Misses Q4 EPS by 2c, Offers Guidance

Casella Waste Systems (NASDAQ: CWST) reported Q4 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $174.7 million versus the consensus estimate of $170.28 million.

GUIDANCE:

Casella Waste Systems sees FY2019 revenue of $710-725 million, versus the consensus of $720.4 million.

• Net income between $34 million and $38 million (as compared to $6.4 million in fiscal year 2018);
• Adjusted EBITDA between $152 million and $156 million (as compared to $138.0 million in fiscal year 2018);
• Net cash provided by operating activities between $119 million and $123 million (as compared to $120.8 million in fiscal year 2018); and
• Normalized Free Cash Flow between $51 million and $55 million (as compared to $47.1 million in fiscal year 2018).

For earnings history and earnings-related data on Casella Waste Systems (CWST) click here.

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