GFL Environmental Inc. (GFL) Reports Q1 Loss, Tops Revenue Estimates

Company Performance - GFL Environmental Inc. reported a quarterly loss of $0.06 per share, missing the Zacks Consensus Estimate of $0.04, compared to break-even earnings per share a year ago, representing an earnings surprise of -250% [1] - The company posted revenues of $1.09 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.42%, but down from $1.34 billion in the same quarter last year [2] - Over the last four quarters, GFL has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - GFL Environmental shares have increased by approximately 12.1% since the beginning of the year, contrasting with a -5.5% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $1.18 billion, and for the current fiscal year, it is $0.76 on revenues of $4.58 billion [7] Industry Outlook - The Waste Removal Services industry, to which GFL belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of GFL's stock may be influenced by the overall outlook for the industry, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] Future Expectations - The estimate revisions trend for GFL Environmental is mixed, leading to a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - Investors are encouraged to monitor how estimates for the coming quarters and the current fiscal year may change following the recent earnings report [4][6]