GFL Environmental Q2 EPS $0.40 Beats $0.19 Estimate, Sales $1.45B Miss $1.49B Estimate
Portfolio Pulse from Bill Haddad
GFL Environmental reported Q2 earnings of $0.40 per share, beating the analyst consensus estimate of $0.19 by 107.89%. However, the company's quarterly sales of $1.45 billion missed the analyst consensus estimate of $1.49 billion by 2.89%. This represents a 107.89% increase in earnings and an 8.15% increase in sales compared to the same period last year.
July 26, 2023 | 8:25 pm
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NEUTRAL IMPACT
GFL Environmental's Q2 earnings exceeded estimates, but sales fell short. This mixed result could lead to uncertainty in the market.
GFL Environmental's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results may lead to uncertainty in the market, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100