Covanta Holding (CVA) Tops Q1 EPS by 15c

April 29, 2021 4:34 PM EDT

Covanta Holding (NYSE: CVA) reported Q1 EPS of $0.01, $0.15 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $498 million versus the consensus estimate of $481.73 million.

2021 Guidance

The Company increased its guidance for 2021 for the following key metrics:

($ in millions)

2021 Guidance Range

Metric

New

Previous

2020 Actual

Adjusted EBITDA

$460 - $480

$435 - $465

$424

Free Cash Flow

$125 - $155

$100 - $140

$93

Reconciliations of non-GAAP measures can be found in the exhibits to this press release.

For earnings history and earnings-related data on Covanta Holding (CVA) click here.



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