Casella Waste Systems (CWST) Tops Q2 EPS by 19c, Offers Guidance

Casella Waste Systems (NASDAQ: CWST) reported Q2 EPS of $0.25, $0.19 better than the analyst estimate of $0.06. Revenue for the quarter came in at $188.8 million versus the consensus estimate of $183.19 million.

GUIDANCE:

Casella Waste Systems sees FY2020 revenue of $755-770 million, versus the consensus of $760.7 million.

• Net income between $23 million and $28 million (as compared to $31.7 million in fiscal year 2019);
• Adjusted EBITDA between $158 million and $163 million (as compared to $156.5 million in fiscal year 2019);
• Net cash provided by operating activities between $122 million and $126 million (as compared to $116.8 million in fiscal year 2019); and
• Adjusted Free Cash Flow between $53 million and $57 million (as compared to $55.5 million in fiscal year 2019).

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

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