GFL Environmental (GFL) Tops Q2 EPS by 9c

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GFL Environmental Reports Second Quarter 2022 Results and Raises Full Year 2022 Guidance for Second Time This Year

July 27, 2022 4:15 PM EDT

Organic revenue growth of 13.5%1 results in revenue of $1,707.5 million, increase of 40.4%1 Solid Waste price of 7.3% and surcharges of 1.9%, highest in company historyAdjusted EBITDA2 of $453.3 million, increase of 34.2%1; Net income from continuing operations of $82.6 million; Adjusted Net Income from continuing operations2 of $89.6 millionAdjusted EBITDA margin2 of 26.5%; Solid Waste Adjusted EBITDA margin2 of 29.4%Adjusted Cash Flows from Operating Activities2 of $250.5 million; cash flows from operating activities of $231.2 million; Adjusted Free Cash Flow2 of $102.2 millionAdjusted earnings per share from continuing operations2 of $0.24; Earnings per share from continuing operations of... More