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GFL Environmental Inc. (GFL) Tops Q3 Earnings Estimates
GFLGFL(US:GFL) ZACKSยท2024-11-07 00:10

Group 1 - GFL Environmental Inc. reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, with an earnings surprise of 4.35% [1] - The company posted revenues of $1.48 billion for the quarter ended September 2024, which was below the Zacks Consensus Estimate by 0.61%, compared to $1.41 billion in the same quarter last year [2] - GFL Environmental shares have increased approximately 21.7% since the beginning of the year, outperforming the S&P 500's gain of 21.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.16 on revenues of $1.45 billion, and for the current fiscal year, it is $0.61 on revenues of $5.72 billion [7] - The Waste Removal Services industry, to which GFL belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, indicating potential challenges for stock performance [8]