GFL Environmental Inc. (GFL) Misses Q3 Earnings Estimates

Core Insights - GFL Environmental Inc. reported quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.19 per share, and down from $0.24 per share a year ago, representing an earnings surprise of -10.53% [1] - The company posted revenues of $1.23 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.70%, but down from $1.48 billion year-over-year [2] - GFL Environmental shares have underperformed the market, losing about 2% since the beginning of the year compared to the S&P 500's gain of 15.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $1.18 billion, and for the current fiscal year, it is $0.46 on revenues of $4.75 billion [7] - The estimate revisions trend for GFL Environmental was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Waste Removal Services industry, to which GFL Environmental belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]