Company Participants Stephanie Moore - Jefferies Kevin Chiang - CIBC Wood Gundy Sabahat Khan - RBC Capital Jerry Revich - Goldman Sachs Michael Hoffman - Stifel Patrick Tyler Brown - Raymond James Michael Doumet - Scotiabank Tobey Sommer - Truist Chris Murray - ATB Capital Markets James Schumm - TD Cowen I will now hand you over to your host, Patrick Dovigi, Founder and CEO of GFL Environmental. Patrick, you may now begin. Luke Pelosi These forward-looking statements are subject to a number of risks and unc ...

Adjusted Net Income Reconciliation (C$ and shares in millions, unless otherwise noted) Three months ended March 31, 2. Loss on foreign exchange: Consists of (i) non-cash gains and losses on foreign exchange and interest rate swaps entered into in connection with our debt instruments and (ii) gains and losses attributable to foreign exchange rate fluctuations. Net loss (176.5) (217.8) Amortization of intangible assets(1) 108.7 138.8 3. Mark-to-market loss on Purchase Contracts: This is a non-cash item that c ...

Exhibit 99.1 GFL Environmental Inc. Unaudited Interim Condensed Consolidated Financial Statements For the three months ended March 31, 2024 F-1 GFL Environmental Inc. Unaudited Interim Condensed Consolidated Statements of Operations and Comprehensive Loss (In millions of dollars except per share amounts) Three months ended March 31, Notes 2024 2023 Revenue 10 $ 1,801.4 $ 1,799.1 Expenses Cost of sales 1,504.2 1,554.6 Selling, general and administrative expenses 275.4 214.5 Interest and other finance costs 8 ...

GFL Environmental Inc. (GFL) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.04, delivering a surprise of -77.78%.Over the last four quarters, the company has surpa ...

VAUGHAN, ON, April 4, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a 10% increase to the regular quarterly cash dividend on the Company's subordinate voting and multiple voting shares. The regular quarterly cash dividend, which increases from US$0.013 per share to US$0.014 per share, will be paid on April 30, 2024 to shareholders of record at the close of business on April 15, 2024.  The Com ...

VAUGHAN, ON, April 2, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today announced that S&P Global Ratings ("S&P") has upgraded GFL's issuer credit rating to 'BB-' from 'B+', while maintaining a positive outlook. "The rating upgrade from S&P is a testament to the strong execution of our strategy to increase free cash flow and de-lever the business", said Patrick Dovigi, Chief Executive Officer ...

Yevhen Smyk Investment action I recommended a buy rating for GFL Environmental (NYSE:GFL) when I wrote about it the last time, as I expected the stock to continue trading at a premium. Based on my current outlook and analysis of GFL, I recommend a buy rating. I believe the market is not appreciating the potential upsides in GFL FY24 EBITDA guidance given how the share price has reacted post-earnings. This presents a good opportunity for investors to size up their positions, as I expect GFL to beat the g ...

VAUGHAN, ON, Feb. 28, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that BCEC GFL Borrower (Cayman) LP, Ontario Teachers' Pension Plan Board, GFL Borrower II (Cayman) LP, Poole Private Capital, LLC, and entities affiliated with HPS Investment Partners, LLC (collectively, the "Selling Shareholders") intend to offer for sale 17,000,000 subordinate voting shares (the "Shares"). GFL will not receive any proceeds from the sale of the Shares (the "Offer ...

Tobey Sommer Tobey Sommer And last thing for me. Any regulatory proceedings that you're tracking that could create new opportunities but also require some new investments? Operator Luke Pelosi Chris Murray And obviously, from a PR [ph], I think where we're sitting, we will sort of want to be in the twoÂ's [ph]. And I think this year was the best year we've had and we moved to a place in 2020 with roughly sort of 4.4 to just over sort of 3 this year. So we think we're going to generally move that to sort of ...

Operator Good morning. Thank you for attending todayÂ's GFL Environmental 2023 Q3 Earnings Call. My name is Foram, and I will be your moderator for todayÂ's call. All lines will remain muted during the presentation portion of the call. [Operator Instructions] It is now my pleasure to pass the conference over to our host, Patrick Dovigi, Founder and CEO. Mr. Dovigi, please proceed. Patrick Dovigi Thank you, and good morning. I would like to welcome everyone to todayÂ's call and thank you for joining us. This ...