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Casella Waste Systems (CWST)
NASDAQ:CWST
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.03Last Year’s EPS
-0.01Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 8.57%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive trajectory for Casella Waste Systems, with strong acquisition-driven revenue growth, improved cash flow, and operational efficiencies in the collection and resource solutions segments. However, there are challenges related to declining landfill revenues, integration of mid-Atlantic acquisitions, and increased technology costs. Despite these challenges, the outlook remains optimistic with strategic efforts in place to address them.Company Guidance
During the Casella Waste Systems Q4 2024 conference call, the company provided optimistic guidance for 2025, with expected revenue growth in the range of $1.775 to $1.805 billion, representing a 15% increase at the midpoint. Adjusted EBITDA is anticipated to grow by 16%, ranging from $410 million to $425 million. The company achieved robust performance in 2024, with over 20% growth in revenues, adjusted EBITDA, and adjusted free cash flow. In 2024, Casella completed eight acquisitions, contributing over $200 million in annualized revenue, and began 2025 with three acquisitions totaling approximately $40 million. The company plans to continue leveraging its strong pricing and operating programs while expanding its collection business, which now accounts for over 60% of consolidated revenues. Despite a challenging market for construction and demolition (C&D) and special waste volumes, Casella is focused on internalizing waste and improving operations, with expectations for modest volume growth in 2025.Strong Acquisition Activity
In 2024, Casella Waste Systems closed eight acquisitions with over $200 million in annualized revenue. Additionally, three acquisitions were completed in early 2025 with approximately $40 million in annualized revenue.
Revenue and Profit Growth
Revenues increased by 18.9% year-over-year to $427.5 million in Q4 2024. Adjusted EBITDA grew by 15.6% to $95 million, marking three consecutive years of over 20% adjusted EBITDA growth.
Adjusted Free Cash Flow
Adjusted free cash flow increased by 23% to $158.3 million for fiscal year 2024, surpassing the high end of guidance.
Resource Solutions Growth
The recycling processing operations and national accounts business experienced a strong year, with resource solutions revenues up 9.7% year-over-year.
Collection Business Performance
The collection operations reported a year-over-year adjusted EBITDA margin expansion in the base business of over 100 basis points.
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CWST 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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CWST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $106.71 | $106.77 | +0.06% |
| Oct 30, 2024 | $101.29 | $97.88 | -3.37% |
| Aug 01, 2024 | $102.29 | $105.46 | +3.10% |
| Apr 25, 2024 | $94.32 | $90.06 | -4.52% |
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 Casella Waste Systems (CWST) report earnings?
Casella Waste Systems (CWST) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Casella Waste Systems (CWST) earnings time?
Casella Waste Systems (CWST) earnings time is at Apr 24, 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 CWST EPS forecast?
CWST EPS forecast for the fiscal quarter 2025 (Q1) is 0.03.
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