Covanta Holding (CVA) Tops Q1 EPS by 15c
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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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