Casella Waste Sys Q3 2024 Adj. EPS $0.27, Inline, Sales $411.627M Miss $412.588M Estimate
Portfolio Pulse from Benzinga Newsdesk
Casella Waste Systems reported Q3 2024 earnings per share of $0.27, meeting analyst expectations. However, their sales of $411.627 million slightly missed the estimate of $412.588 million, despite a 16.70% increase from the previous year.
October 30, 2024 | 8:49 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Casella Waste Systems reported Q3 2024 earnings per share of $0.27, in line with expectations. Sales were $411.627 million, slightly below the $412.588 million estimate, but showed a significant year-over-year increase of 16.70%.
The earnings per share met expectations, which is neutral for the stock price. The slight miss in sales estimates could be seen as a minor negative, but the significant year-over-year sales growth of 16.70% is a positive indicator. Overall, the impact is neutral as the positives and negatives balance each other out.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100