Casella (CWST) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Casella (CWST) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on February 12, with a consensus EPS estimate of $0.16 per share, reflecting a year-over-year increase of +23.1$421.05 million, representing a 17.1% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 67.88% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Casella is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +16.08% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - However, Casella currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11]. Historical Performance - In the last reported quarter, Casella was expected to post earnings of $0.28 per share but delivered$0.27, resulting in a surprise of -3.57% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Conclusion - While Casella is not positioned as a compelling earnings-beat candidate, it is essential for investors to consider other factors when making decisions regarding the stock ahead of the earnings release [16].