In This Article:
Casella Waste Systems (NASDAQ:CWST) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$411.6m (up 17% from 3Q 2023).
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Net income: US$5.77m (down 68% from 3Q 2023).
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Profit margin: 1.4% (down from 5.2% in 3Q 2023).
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EPS: US$0.098 (down from US$0.31 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Casella Waste Systems EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 57%.
Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.
Performance of the American Commercial Services industry.
The company's shares are down 2.1% from a week ago.
Risk Analysis
Be aware that Casella Waste Systems is showing 3 warning signs in our investment analysis that you should know about...
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