Casella Waste Systems, Inc. - Class A Common Stock (CWST)
107.54
-1.37 (-1.26%)
Casella Waste Systems is a leading provider of integrated solid waste management services in the northeastern United States
The company focuses on offering a comprehensive range of waste collection, recycling, and disposal services, while also providing environmental solutions that help communities manage their waste in an efficient and sustainable manner. With a commitment to environmental stewardship, Casella emphasizes recycling and resource recovery, aiming to divert waste from landfills and promote a circular economy. The company's operations are supported by advanced technologies and a strong local presence, enabling it to deliver reliable and responsive service to its diverse customer base, including residential, commercial, and industrial clients.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Waste Management (NYSEWM) and the best and worst performers in the waste management industry.
Casella Waste Systems trades at $104.48 and has moved in lockstep with the market. Its shares have returned 6.3% over the last six months while the S&P 500 has gained 6%.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Casella Waste Systems (NASDAQCWST) and the rest of the waste management stocks fared in Q3.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Enviri (NYSENVRI) and the rest of the waste management stocks fared in Q3.
Waste management company Casella (NASDAQCWST) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 16.7% year on year to $411.6 million. The company’s outlook for the full year was also close to analysts’ estimates with revenue guided to $1.54 billion at the midpoint. Its non-GAAP profit of $0.27 per share was 2.4% below analysts’ consensus estimates.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the waste management industry, including Waste Management (NYSEWM) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Stericycle (NASDAQSRCL) and its peers.
Casella Waste Systems shares are trading lower by 4.9% during Wednesday's session. The company announced a $450 million public offering of 4.5 million shares at $100 per share.