Casella Waste Systems (CWST) Misses Q2 EPS by 6c, provides guidance

Casella Waste Systems (NASDAQ: CWST) reported Q2 EPS of $0.22, $0.06 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $377.2 million versus the consensus estimate of $374.14 million.

GUIDANCE:

Casella Waste Systems sees FY2024 revenue of $1.52-1.55 million, versus the consensus of $1.496 million(raised from a range of $1.480 billion to $1.510 billion); and
Adjusted EBITDA between $360 million and $370 million (raised from a range of $350 million to $360 million).

The Company reaffirmed guidance for fiscal year 2024 by estimating results in the following ranges:

Adjusted Free Cash Flow between $140 million and $150 million.

For earnings history and earnings-related data on Casella Waste Systems (CWST) click here.

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