Casella Waste Systems Q3 revenue beats expectations on growth driven by acquisitions

Reuters10-31
<a href="https://laohu8.com/S/CWST">Casella Waste Systems</a> Q3 revenue beats expectations on growth driven by acquisitions

Overview

  • Casella Q3 2025 revenue grows 17.9% yr/yr, beating analyst expectations

  • Adjusted EBITDA for Q3 2025 beats analyst expectations, driven by acquisitions and organic growth

  • Company raises lower end of 2025 revenue and adjusted EBITDA guidance

Outlook

  • Company raises lower end of 2025 revenue guidance to $1.830 bln

  • Casella raises lower end of 2025 Adjusted EBITDA guidance to $415 mln

  • Company reaffirms 2025 net income guidance between $8 mln and $18 mln

Result Drivers

  • ACQUISITIONS - Revenue growth driven by rollover impact from acquisitions and deals closed in prior periods

  • PRICING AND VOLUME - Solid waste pricing increased by 4.6% and higher landfill volumes contributed to organic growth

  • SYSTEM INTEGRATION - Progress in billing system integrations and new truck deliveries expected to improve business performance

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$485.40 mln

$476.64 mln (9 Analysts)

Q3 Adjusted Net Income

Beat

$26.60 mln

$21.06 mln (7 Analysts)

Q3 Net Income

$10 mln

Q3 Adjusted EBITDA

Beat

$119.90 mln

$115.81 mln (10 Analysts)

Q3 Operating income

$29.40 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the environmental services & equipment peer group is "buy"

  • Wall Street's median 12-month price target for Casella Waste Systems Inc is $123.00, about 31.6% above its October 29 closing price of $84.17

Press Release: ID:nGNX5nXSdj

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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