GFL Environmental Q4 Sales C$1.88B Beat C$1.85B Estimate
Portfolio Pulse from Benzinga Newsdesk
GFL Environmental reported Q4 sales of $1.88 billion, surpassing the analyst consensus estimate of $1.85 billion by 1.70 percent. This represents a 38.85 percent increase from the $1.36 billion sales reported in the same period last year.
February 20, 2024 | 9:22 pm
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GFL Environmental exceeded Q4 sales estimates, reporting $1.88 billion against an expected $1.85 billion, marking a significant year-over-year growth.
Beating sales estimates and showing a substantial year-over-year growth are strong indicators of a company's performance and often lead to positive investor sentiment. This can result in a short-term increase in stock price as the market reacts to the positive news.
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