Casella Waste Systems, Inc. Announces Second Quarter 2016 Results; and Updates Guidance

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UPDATE: Casella Waste Systems (CWST) Tops Q2 EPS by 7c

July 28, 2016 5:24 PM EDT

(Updated - July 29, 2016 11:24 AM EDT)

(Update corrects EPS figure and headline to show earnings beat and adds outlook.)

Casella Waste Systems (NASDAQ: CWST) reported Q2 EPS of $0.12, $0.07 better than the analyst estimate of $0.05. Revenue for the quarter came in at $144.7 million versus the consensus estimate of $145.37 million.

We had another strong quarter as our team executed well against our key management strategies as the regional economy continued to strengthen, said John W. Casella, chairman and CEO of Casella Waste Systems, Inc. Our results clearly demonstrated this improvement, with operating income up $4.2... More