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Covanta Holding (CVA) Tops Q3 EPS by 5c, Revenue Light, Affirms Guidance

October 22, 2014 4:36 PM EDT

Covanta Holding (NYSE: CVA) reported Q3 EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $414 million versus the consensus estimate of $427.8 million. The Company is reaffirming guidance for 2014.

Continuing Operations

(In millions, except per share amounts)

Metric

2013Actual

2014

Guidance Range

Adjusted EBITDA

$ 494

$ 470 - $ 500

Free Cash Flow

$ 245

$ 170 - $ 210

Excluding Construction Working Capital

$ 251

$ 215 - $ 245

Adjusted EPS

$ 0.38

$ 0.35 - $ 0.50

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



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