Casella Waste Sys Q3 EPS $0.35 Misses $0.39 Estimate, Sales $352.74M Miss $360.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Casella Waste Sys (NASDAQ:CWST) reported Q3 earnings of $0.35 per share, missing the analyst consensus estimate of $0.39 by 10.26%. This is a 22.22% decrease from the same period last year. The company also reported quarterly sales of $352.74 million, missing the analyst consensus estimate of $360.66 million by 2.20%. However, this is a 19.46% increase from the same period last year.
November 01, 2023 | 8:43 pm
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Casella Waste Sys reported lower than expected Q3 earnings and sales. Earnings per share decreased by 22.22% YoY, while sales increased by 19.46% YoY.
Casella Waste Sys reported lower than expected earnings and sales for Q3. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100