GFL(US:GFL) ZACKSยท2025-02-25 00:05Core Viewpoint - GFL Environmental Inc. reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.13 per share, and showing significant growth from $0.04 per share a year ago, indicating a strong performance in the waste removal services industry [1][2]. Financial Performance - The company achieved revenues of $1.42 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.15% and reflecting an increase from $1.38 billion in the same quarter last year [2]. - Over the last four quarters, GFL has exceeded consensus EPS estimates three times and topped revenue estimates twice [2]. Stock Performance - GFL Environmental shares have increased approximately 4% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [3]. - The stock's immediate price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $1.37 billion, while for the current fiscal year, the estimate is $1.06 on revenues of $5.93 billion [7]. - The estimate revisions trend for GFL Environmental is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6]. Industry Context - The Waste Removal Services industry, to which GFL belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [8]. - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact GFL's stock performance [5].