Casella Waste Systems Forecasts 10.1% Q4 Revenue Growth to $470.8M, EPS $0.22
Analysts project Casella Waste Systems to post Q4 revenue of $470.8 million, a 10.1% year-on-year increase, and adjusted EPS of $0.22 per share. In Q3, the company generated $485.4 million in revenue, up 17.9% and beat estimates by 1.9%, but missed adjusted operating income and EBITDA forecasts.
1. Q4 Earnings Expectations
Analysts are forecasting Casella Waste Systems to report Q4 revenue of $470.8 million, marking 10.1% year-on-year growth, and adjusted earnings of $0.22 per share as the company closes FY2025.
2. Q3 Performance Review
In the previous quarter, Casella generated $485.4 million in revenue, up 17.9% year-on-year and 1.9% above estimates, but fell short on adjusted operating income and EBITDA projections.
3. Analyst Sentiment and Stock Outlook
Analyst estimates have remained stable over the past 30 days, with an average price target of $115.33 versus the current $103.72 share price, while the stock has trailed peers’ 7.8% average gain over the last month.