Casella (CWST) Tops Q3 Earnings and Revenue Estimates

Core Insights - Casella (CWST) reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, and showing an increase from $0.27 per share a year ago, resulting in an earnings surprise of +23.53% [1] - The company achieved revenues of $485.35 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.66% and up from $411.63 million year-over-year [2] - Casella has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Casella's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.22 on revenues of $469.79 million, and for the current fiscal year, it is $1.05 on revenues of $1.83 billion [7] Industry Context - The Waste Removal Services industry, to which Casella belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Casella's stock performance [5]