Covanta Holding (CVA) Tops Q2 EPS by 4c

Covanta Holding (NYSE: CVA) reported Q2 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $432 million versus the consensus estimate of $401.44 million.

Commenting on Covanta's second quarter performance and 2014 outlook, Anthony Orlando, Covanta's President and CEO stated, "The business performed well during the quarter on all fronts and we remain on track for our full year guidance. Thus far, our proactive turbine generator inspections have resulted in less additional work than we had originally anticipated, and overall I'm pleased with our first half performance. We're now focused on finishing the year strong, while executing on our key growth and cost savings initiatives to drive long-term value."

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

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