Covanta Holding (CVA) Tops Q1 EPS by 15c

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Get Alerts CVA Hot Sheet

Price: $20.26 --0%

Financial Fact:
Weighted Average Shares: 131M

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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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