Casella Waste Systems Delivers Stellar Quarterly Performance

Casella Waste Systems has significantly outperformed market expectations, reporting robust third-quarter results that prompted management to raise its full-year outlook. The solid waste services company demonstrated substantial growth across key financial metrics, highlighting its strong operational momentum.

The company’s quarterly performance easily surpassed analyst forecasts. Revenue climbed 17.9% to $485.4 million, exceeding the consensus estimate of $476.64 million. Even more striking was the earnings performance: adjusted earnings per share reached $0.42, substantially higher than the projected $0.34.

Key financial highlights include:
* Revenue: $485.4 million (+17.9%)
* Adjusted EPS: $0.42 (Expectation: $0.34)
* Adjusted EBITDA: $119.9 million (+16.4%)
* Net Income: $10.0 million (+73.0%)

Strategic Growth Drivers

Multiple factors contributed to this outstanding performance. The company’s aggressive acquisition Read more...