Casella Waste Programs CWST is ready to provide its newest quarterly earnings report on Thursday, 2023-02-16. Here is what buyers must know earlier than the announcement.
Analysts estimate that Casella Waste Programs will report an earnings per share (EPS) of $0.23.
Casella Waste Programs bulls will hope to listen to the corporate announce they’ve not solely overwhelmed that estimate, but in addition to supply constructive steering, or forecasted development, for the subsequent quarter.
New buyers ought to be aware that it’s generally not an earnings beat or miss that the majority impacts the value of a inventory, however the steering (or forecast).
Previous Earnings Efficiency
Final quarter the corporate beat EPS by $0.08, which was adopted by a 4.36% enhance within the share worth the subsequent day.
Here is a have a look at Casella Waste Programs’s previous efficiency and the ensuing worth change:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | This autumn 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.28 | 0.11 | 0.18 |
| EPS Precise | 0.45 | 0.36 | 0.11 | 0.21 |
| Value Change % | 4.36% | 1.39% | -5.38% | 0.81% |
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | This autumn 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.28 | 0.11 | 0.18 |
| EPS Precise | 0.45 | 0.36 | 0.11 | 0.21 |
| Value Change % | 4.36% | 1.39% | -5.38% | 0.81% |
Inventory Efficiency
Shares of Casella Waste Programs had been buying and selling at $79.71 as of February 14. Over the past 52-week interval, shares are up 6.77%. Provided that these returns are typically constructive, long-term shareholders are possible bullish going into this earnings launch.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
