Casella (CWST) Q1 Earnings and Revenues Beat Estimates

Core Insights - Casella (CWST) reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, and compared to a loss of $0.01 per share a year ago, representing an earnings surprise of 72.73% [1] - The company posted revenues of $417.1 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.13%, and showing an increase from $341.01 million year-over-year [2] - Casella shares have increased approximately 11% since the beginning of the year, contrasting with a decline of -5.3% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $457.68 million, and for the current fiscal year, it is $1.21 on revenues of $1.79 billion [7] - The estimate revisions trend for Casella is favorable, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Waste Removal Services industry, to which Casella belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, Montrose Environmental (MEG), is expected to report a quarterly loss of $0.12 per share, reflecting a year-over-year change of -175%, with revenues projected at $167.97 million, an increase of 8.1% from the previous year [9][10]