The market expects Casella (CWST) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 15, 2024, might help the stock move higher if these key nu ...

RUTLAND, Vt., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, will release its financial results for the three months ended December 31, 2023, after the market closes on Thursday, February 15, 2024. The company will host a conference call to discuss these results on Friday, February 16, 2024, at 10:00 a.m. Eastern Time. Individuals interested in participating in the call should register by clicking her ...

Casella Waste Systems, Inc. (NASDAQ:CWST) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Charlie Wohlhuter - Director of Investor Relations John Casella - Chairman & Chief Executive Officer Ned Coletta - President & Chief Financial Officer Jason Mead - Senior Vice President of Finance & Treasurer Conference Call Participants Adam Bubes - Goldman Sachs Michael Hoffman - Stifel Tyler Brown - Raymond James Jon Windham - UBS Stephanie Moore - Jefferies Operator Good day and t ...

13. SEGMENT REPORTING Three Months Ended September 30, 2022 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------|---------------------|-------------------|--------|-----------|-------|------------------|--------|-----------| | | | | | | | | | | | A summary of our revenues attributable to services | provided follows: | | | | | | | | | | | Three September | Months | Ended 30, | | Nine September | Months | Ended 30, | | | | 2023 | | 2022 | ...

Casella Waste Systems, Inc. (NASDAQ:CWST) Q2 2023 Earnings Conference Call July 28, 2023 10:00 AM ET Company Participants Charlie Wohlhuter - Director, IR John Casella - Chairman and CEO Ned Coletta - President and CFO Jason Mead - SVP, Finance, and Treasurer Sean Steves - SVP and COO, Solid Waste Operations Conference Call Participants Tyler Brown - Raymond James Michael Hoffman - Stifel Sean Eastman - KeyBanc Capital Markets Stephanie Moore - Jefferies Operator Good day, and thank you for standing by. Wel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-23211 CASELLA WASTE SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 03-0338873 (State or other juri ...

Financial Data and Key Metrics Changes - Revenues in the first quarter were $262.6 million, up $28.6 million or 12.2% year-over-year, with 2.5% from acquisitions and 9.7% from organic growth [124] - Adjusted EBITDA was $50.7 million in the quarter, up $5.1 million or 11.2% year-over-year, with $4.7 million of growth driven by improvements in the base business [11] - Solid waste adjusted EBITDA margins expanded over 220 basis points year-over-year for the quarter, reaching 25.4% [8][35] - Adjusted free cash flow started the year light at only $2.2 million, with capital expenditures up $5 million year-over-year [125] Business Line Data and Key Metrics Changes - Revenues in the collection line of business were up 17.1% year-over-year, with price up 8.9% and volume slightly down [34] - Revenues in the disposal line of business were up 19.3% year-over-year, with price up 9.3% and volumes up 6.4% [34] - Resource Solutions revenues were up 1.2% year-over-year, with 4% growth from acquisitions and 9.9% volume growth, but faced headwinds from lower commodity prices [34] Market Data and Key Metrics Changes - Commodity prices were down roughly 52% year-over-year, impacting the Resource Solutions segment [34] - The company reported a slight moderation in volumes from January, but overall, the first quarter showed a slight increase in volume [32][40] Company Strategy and Development Direction - The company is focused on expanding its footprint in the Northeast and Mid-Atlantic regions through strategic acquisitions, including the pending acquisition of GFL's solid waste operations [31][126] - The acquisition is expected to generate approximately $185 million in revenues and $43 million in EBITDA in the first 12 months, with $8 million in annual synergies expected within three years [126] - The company aims to enhance operational efficiencies through fleet automation and route optimization, with about 50% of the collection fleet automated [9][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year adjusted free cash flow guidance of $119 million to $125 million, despite some timing variances [12] - The management noted that inflationary pressures are being managed effectively, with solid waste prices up 8.8% [122] - There is optimism regarding the execution of growth strategies and the potential for long-term shareholder value creation [121][117] Other Important Information - The company has a robust acquisition pipeline with about $500 million of addressable opportunities [33] - The Boston MRF facility is undergoing a retrofit, expected to improve performance significantly once operational [22][105] Q&A Session Summary Question: How will the company prioritize assets in the new Mid-Atlantic region post-acquisition? - Management indicated a balanced approach, focusing on both legacy Northeast markets and new Mid-Atlantic opportunities [15] Question: What is the outlook on volume performance and any potential slowdown? - Management noted slight softness at the end of the previous year but did not see significant concerns moving forward, with a slight increase in volume during the first quarter [40][41] Question: Can you elaborate on the cash tax shielding benefits from the GFL acquisition? - The acquisition is expected to yield over $130 million in cash tax savings over a multiyear period, enhancing the company's financial position [126][109] Question: What are the expected capital expenditures for the new footprint? - Initial investments are planned for the first year, but the fleet appears to be in good shape, minimizing significant capital impacts on free cash flow [82] Question: How does the company view the disposal capacity in Pennsylvania? - Management expressed confidence in the significant disposal capacity available in Pennsylvania, alleviating concerns about capacity constraints [85]

Delaware 03-0338873 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 25 Greens Hill Lane, Rutland, Vermont 05701 (Address of principal executive offices) (Zip Code) Title of each classTrading Symbol(s)Name of each exchange on which registered Emerging growth company ☐ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 ...

Financial Data and Key Metrics Changes - The company reported revenues of $272.1 million for Q4 2022, an increase of $30.3 million or 12.5% year-over-year, with 3.6% driven by acquisitions and 8.9% from organic growth [87] - Adjusted EBITDA for the quarter was $56.2 million, up $4.8 million or 9.3% year-over-year [88] - Adjusted free cash flow for fiscal year 2022 was $111.2 million, an increase of $15.9 million or close to 17% year-over-year [36] Business Line Data and Key Metrics Changes - Solid waste revenues increased by 13.2% year-over-year, with pricing up 6.2% and acquisition growth of 2.2% [96] - Resource Solutions revenues were up 10.6% year-over-year, with 7.5% growth from acquisitions and 6.9% volume growth, but offset by a 21.5% decline in commodity prices [34] - Solid waste adjusted EBITDA was $51.3 million in the quarter, up $7.6 million year-over-year [97] Market Data and Key Metrics Changes - The average landfill price per ton increased by 6.7% year-over-year, helping to offset inflation and regulatory costs [84] - Commodity prices saw a significant decline, with average commodity revenue per ton down 67% year-over-year [34] - The company expects solid waste pricing to increase by 6% to 7% in fiscal year 2023 [37] Company Strategy and Development Direction - The company is focused on disciplined growth, with a strong balance sheet and low leverage, positioning itself well for future growth [3] - The McKean Landfill rail project is set to begin operations in 2024, providing a long-term disposal outlet for customers in the Northeast [4] - The company has a robust acquisition pipeline with over $500 million in identified opportunities and expects strong activity in 2023 [32] Management's Comments on Operating Environment and Future Outlook - Management noted that inflationary pressures were addressed through pricing programs, with solid waste pricing up 6.2% [8] - The company anticipates adjusted EBITDA growth of 8.5% to 10.9% year-over-year for 2023, with a slight margin expansion expected [11] - Management expressed confidence in the company's ability to navigate the current economic environment and achieve long-term growth targets [29] Other Important Information - The company has received credit rating upgrades from both Standard & Poor's and Moody's, reflecting improvements in its balance sheet [98] - The company has implemented a sustainability-linked loan feature to align its financial goals with sustainability objectives [5] - The company expects to incur cash flow headwinds in 2023 due to increased cash interest, taxes, and closure costs [38] Q&A Session Summary Question: Can you clarify the special bonuses included in the guidance? - Management confirmed that the special bonuses were included in the guidance [41] Question: What is the status of the $30 million under LOI? - Management indicated that the acquisition is in core collection and disposal and is expected to close by the end of Q2 [47] Question: Can you break down the individual business margins? - Management noted that fuel is a slight headwind for the next year, primarily in the first half, while pricing and operating programs are expected to drive margin improvements [66] Question: What are the expectations for commodity prices? - Management expects commodity prices to stabilize and potentially increase throughout the year, with a projected average of $78 per ton [146] Question: How is the permitting process for Hyland and Hakes facilities progressing? - Management reported that the permitting process is moving forward without significant issues [157]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________ FORM 10-K ____________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-23211 CAS ...