A Sneak Peek At Casella Waste Systems, Inc. (NASDAQ:CWST) 2Q20 Earnings

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Casella Waste Systems, Inc. (NASDAQ:CWST) is expected to report second quarter earnings results, after market close, on Monday 3rd August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.06 per share.

Looking ahead, the full year income are expected at $ 0.53 per share on the revenues of $ 760.66 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 800.00 million ~ $ 815.00 million

Click Here For More Historical Outlooks Of Casella Waste Systems, Inc.

Previous Quarter Performance

Casella Waste Systems, Inc. revealed income for the first quarter of $ 0.05 per share, from the revenue of $ 182.91 million. The quarterly revenues expanded 13.07 percent compared with the same quarter last year. Street analysts expected Casella Waste Systems, Inc. to report loss of $ 0.02 per share on revenue of $ 177.04 million for the first quarter. The bottom line results beat street analysts by $ 0.07 or 350.00 percent, at the same time, top line results outshined analysts by $ 5.87 million or 3.32 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Casella Waste Systems, Inc.

Stock Performance

According to the previous trading day, closing price of CWST was $ 55.41, representing a 61.31 % increase from the 52 week low of $ 34.35 and a 1.3 % decrease over the 52 week high of $ 56.14.

The company has a market capital of $ 2.68 billion and is part of the Industrials sector and Waste Management industry.

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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.