Casella Waste Systems (CWST) PT Raised to $124 at Jefferies
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Casella Waste Systems, Inc. Announces Second Quarter 2024 Results and Recent Acquisitions; Updates Fiscal Year 2024 Guidance
August 1, 2024 4:10 PM EDTRUTLAND, Vt., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and six-month periods ended June 30, 2024.
Key Highlights:
Revenues were $377.2 million for the quarter, up $87.5 million, or up 30.2%, from the same period in... MoreCasella Waste Systems, Inc. Expands its Footprint in the Mid-Atlantic with Two Acquisitions
August 1, 2024 4:05 PM EDTRUTLAND, Vt., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company (the Company), announced that it has acquired two solid waste businesses with operations in the Mid-Atlantic, LMR Disposal LLC (LMR), which closed on July 1, 2024, and Whitetail Disposal, Inc. (Whitetail), which closed on August 1, 2024.
The acquisitions include collection operations across eastern Pennsylvania and western New Jersey, complementing the Companys existing operations in the Mid-Atlantic. The Company expects to generate over $100 million of total annualized revenues from the two acquisitions.
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