Casella Waste Sys's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Casella Waste Systems (CWST) is scheduled to release its quarterly earnings report on February 15, 2024. Analysts predict an EPS of $0.16. The company's past earnings performance shows mixed results with both misses and beats in EPS estimates, leading to varied stock price reactions. Shares of CWST have increased by 12.94% over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 14, 2024 | 7:01 pm
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Casella Waste Systems is expected to report an EPS of $0.16 for the upcoming quarter. Historical performance shows variability in meeting EPS estimates, which has led to different stock price reactions. With a 12.94% increase in share price over the last year, investor sentiment is generally positive.
Given the positive long-term share performance and the anticipation surrounding the earnings report, CWST's stock is likely to see a short-term positive impact, especially if the earnings beat the estimates and the company provides favorable future guidance. However, the historical variability in meeting EPS estimates suggests a cautious optimism.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100