- Casella Waste reported first-quarter revenue of $417.1 million, a 22% increase year-over-year, surpassing the estimated $404.4 million.
- The company’s adjusted earnings per share (EPS) improved to 19 cents from a loss of 1 cent per share the previous year, exceeding the estimated 8.2 cents.
- Casella’s loss per share was 8 cents compared to a loss of 7 cents per share in the prior year.
- Adjusted EBITDA was $86.4 million, a 22% increase year-over-year, better than the forecasted $84.4 million.
- Management remains cautious about the economic and policy uncertainties despite a strong start to the year.
- Current analyst recommendations for Casella Waste include 6 buys, 2 holds, and 1 sell.
Casella Waste Systems Inc A on Smartkarma
Analyst coverage of Casella Waste Systems Inc A on Smartkarma by Baptista Research has been positive. In the report titled “Casella Waste Systems Taps Hidden Gold in Landfill Internalization—Will It Work?“, the company’s robust financial results for the fourth quarter and full year 2024 are highlighted. Casella Waste Systems showed significant growth in key metrics, ending the year on a high note. Strategic acquisitions, revenue expansion, and operational efficiency improvements were key factors contributing to their success.
In another report by Baptista Research titled “Casella Waste Systems: Internalization & Cost Optimization As A Pivotal Growth Engine! – Major Drivers“, the focus is on the company’s third-quarter 2024 earnings. Despite facing operational challenges, Casella Waste Systems demonstrated promising growth initiatives. The strategic acquisitions and operational efficiency enhancements align well with their long-term growth strategy. Notably, the completion of the sixth acquisition of the year, the Royal acquisition, marked a significant milestone for the company.
A look at Casella Waste Systems Inc A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Casella Waste Systems Inc A shows a mixed long-term outlook. While the company scores well in terms of momentum, indicating strong positive price trends, it lags behind in terms of dividend and growth scores. The value and resilience scores fall in the middle range. This suggests that while the company may have strong price momentum, potential investors should consider the lower scores in dividends and growth when evaluating its long-term potential.
Casella Waste Systems, Inc. operates in the non-hazardous solid waste services sector in the eastern United States. The company offers a range of waste management services including collection, disposal, recycling, and the generation of steam. It also focuses on producing finished goods from recyclable materials. With a varied performance across different Smart Scores, investors may want to conduct thorough research and analysis before making a decision regarding the company’s stock.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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