Casella Q4 EPS Beats Estimates by 33.9%, Revenue Hits $469M
Casella’s Q4 EPS of $0.30 topped estimates by 33.9% versus a $0.22 consensus while revenues reached $469.06 million, beating forecasts by 0.01% and rising 9.7% year-over-year. Shares have gained 4.5% year-to-date versus the S&P 500’s 0.5% gain.
1. Q4 Earnings Results
Casella delivered adjusted EPS of $0.30, surpassing the consensus by $0.08 per share and marking a 33.9% upside versus the expected $0.22. This represents the fourth consecutive quarter exceeding EPS forecasts, although it is down from $0.41 a year ago.
2. Revenue Growth
Revenues reached $469.06 million, a 9.7% increase from $427.49 million in the prior year and slightly above the $469.01 million consensus. The company has now topped revenue estimates in each of the last four quarters.
3. Outlook and Industry Position
Consensus forecasts for the upcoming quarter call for EPS of $0.16 on $457.95 million in revenues, while full-year estimates stand at $1.22 on $1.97 billion. Casella operates in a waste removal services industry ranked in the bottom 20%, which may pressure future performance.
4. Stock Performance
Casella shares have risen roughly 4.5% year-to-date compared to a 0.5% gain for the S&P 500, reflecting investor optimism from back-to-back earnings beats. Sustained growth will depend on management guidance in the upcoming earnings call.