Advanced Disposal Services (ADSW) Tops Q3 EPS by 4c
Advanced Disposal Services (NYSE: ADSW) reported Q3 EPS of $0.19, $0.04 better than the analyst estimate of $0.15. Revenue for the quarter came in at $419.5 million versus the consensus estimate of $418.99 million.
"Our operating philosophy remains focused on safely providing an excellent service experience for our customers, coupled with disciplined pricing to generate strong cash flow for our shareholders," said Richard Burke, CEO. "During the third quarter, we were able to achieve 4.7% revenue growth led by a 3.0% increase in average yield. Year-to-date, we have also overcome headwinds related to recycling, leachate, and interest costs to achieve $229.2 million in cash flow from operations and $111.0 million in adjusted free cash flow."
For earnings history and earnings-related data on Advanced Disposal Services (ADSW) click here.
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