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Casella (CWST) Q4 Earnings and Revenues Top Estimates
CWSTCasella(CWST) ZACKS·2025-02-12 23:46

Core Viewpoint - Casella's quarterly earnings significantly exceeded expectations, indicating strong performance in the garbage-disposal and recycling services sector [1][2]. Financial Performance - The company reported earnings of 0.41pershare,surpassingtheZacksConsensusEstimateof0.41 per share, surpassing the Zacks Consensus Estimate of 0.16 per share, and showing an increase from 0.13pershareayearago,resultinginanearningssurpriseof156.250.13 per share a year ago, resulting in an earnings surprise of 156.25% [1]. - Revenues for the quarter ended December 2024 were 427.49 million, exceeding the Zacks Consensus Estimate by 1.53%, and up from 359.57millionyearoveryear[2].MarketPerformanceCasellashareshaveincreasedbyapproximately1.6359.57 million year-over-year [2]. Market Performance - Casella shares have increased by approximately 1.6% since the beginning of the year, while the S&P 500 has gained 3.2% [3]. - The company's current Zacks Rank is 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6]. Future Outlook - The consensus EPS estimate for the upcoming quarter is 0.05 on revenues of 404.99million,andforthecurrentfiscalyear,itis404.99 million, and for the current fiscal year, it is 1.08 on revenues of $1.75 billion [7]. - The Pollution Control industry, to which Casella belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [8].