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Cleanaway Waste Management Ltd. (AU:CWY)
:CWY
Holding AU:CWY?
Track your performance easily
Earnings Data
Report Date
Feb 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 14, 2019
|% Change Since: -3.24%
|Next Earnings Date:Aug 22, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance, strategic progress, and successful operational initiatives. However, challenges remain with labor productivity, safety performance, and competition. The balance between achievements and ongoing challenges results in a cautiously optimistic outlook.Company Guidance
During the Cleanaway FY '24 Half Year Results Briefing, the company reported strong financial performance, showcasing a 25.7% increase in underlying EBIT to $173.9 million and a 160 basis point expansion in EBIT margin. The company highlighted progress in its strategic initiatives, such as the recovery of its Queensland Solids business and the health services sector. Cleanaway is on track to meet its FY '24 EBIT guidance of approximately $350 million, with significant contributions from new business growth and operational efficiencies. The organization also emphasized its commitment to sustainability, with a focus on methane reduction, which is tracking 15% ahead of the planned '24 target emissions trajectory. Furthermore, the directors declared an interim unfranked dividend of $0.0245 per share, maintaining their financial discipline and shareholder commitment.Strong Financial Performance
Delivered a strong financial performance with a 25.7% increase in EBIT to $173.9 million, reflecting growth in various segments and recovery from previous challenges.
Operational Excellence Initiatives
Implemented branch-led productivity and efficiency initiatives, leading to a 160 basis point increase in EBIT margin and a 90 basis point rise in ROIC.
New Business Wins and Strategic Progress
Achieved new business wins and strategic progress including launching VIC CDS operations and mobilizing the IWS Santos contract.
Methane Reduction and Environmental Initiatives
Landfill gas capture and monetization program reduced emissions, with methane reduction tracking 15% ahead of the target.
Health Services Business Turnaround
Health Services returned to profitability in Q2 and is on track to deliver an annualized $15 million EBIT run rate by Q4.
Successful Launch of VIC CDS Operations
VIC CDS operations commenced successfully on November 1, with volumes tracking in line with expectations.
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Cleanaway Waste Management Ltd. (AU:CWY) Earnings, Revenues Date & History
AU:CWY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:CWY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 20, 2024 | AU$2.87 | AU$2.92 | +1.74% |
| Feb 15, 2024 | AU$2.61 | AU$2.63 | +0.73% |
| Aug 23, 2023 | AU$2.59 | AU$2.48 | -4.14% |
| Feb 22, 2023 | AU$2.55 | AU$2.55 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cleanaway Waste Management Ltd. (AU:CWY) report earnings?
Cleanaway Waste Management Ltd. (AU:CWY) is schdueled to report earning on Feb 14, 2025, TBA Not Confirmed.
What is Cleanaway Waste Management Ltd. (AU:CWY) earnings time?
Cleanaway Waste Management Ltd. (AU:CWY) earnings time is at Feb 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Cleanaway Waste Management Ltd. stock?
The P/E ratio of Cleanaway Waste Management Ltd. is N/A.
What is AU:CWY EPS forecast?
AU:CWY EPS forecast for the fiscal quarter 2025 (Q2) is 0.04.
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