Organic growth - Co reported 6.4% organic revenue growth in Q2, with sequential acceleration
Pricing actions - Core pricing contributed 6.1% to total revenue growth in Q2
Acquisitions - Year-to-date completed acquisitions generating approximately C$435 mln to C$460 mln in annualized revenue
Key details and analyst coverage
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
C$1.95 bln
C$1.9 bln (14 Analysts)
Q2 Net Loss
C$162.6 mln
Q2 Pretax Loss
C$184 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for GFL Environmental Inc is C$67.00, about 21.2% above its July 28 closing price of C$55.26
The stock recently traded at 50 times the next 12-month earnings vs. a P/E of 58 three months ago
GFL•
