Casella Waste Systems, Inc. (NASDAQ:CWST) is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.29 per share.
Looking ahead, the full year income are expected at $ 0.77 per share on the revenues of $ 770.18 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 755.00 million ~ $ 770.00 million
Click Here For More Historical Outlooks Of Casella Waste Systems, Inc.
Previous Quarter Performance
Casella Waste Systems, Inc. outlined income for the second quarter of $ 0.27 per share, from the revenue of $ 188.77 million. The quarterly revenues extended 2.55 percent compared with the same quarter last year. According to street consensus, CWST was expected to report 2Q20 income of $ 0.06 per share from revenue of $ 183.19 million. The bottom line results beat street analysts by $ 0.21 or 350.00 percent, at the same time, top line results outshined analysts by $ 5.58 million or 3.05 percent.
Stock Performance
Shares of Casella Waste Systems, Inc. traded low $ -1.66 or -2.90 percent on Wednesday, reaching $ 55.68 with volume of 163.20 thousand shares. Casella Waste Systems, Inc. has traded high as $ 56.75 and has cracked $ 55.34 on the downward trend
According to the previous trading day, closing price of $ 55.68, representing a 66.93 % increase from the 52 week low of $ 34.35 and a 7.17 % decrease over the 52 week high of $ 61.77.
The company has a market capital of $ 2.82 billion and is part of the Industrials sector and Waste Management industry.
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. The company operates through Eastern, Western, Recycling, and Other segments. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers.
