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.)