Welcome to our dedicated page for Casella Waste news (Ticker: CWST), a resource for investors and traders seeking the latest updates and insights on Casella Waste stock.
Casella Waste Systems, Inc. (NASDAQ: CWST) is a regional solid waste, recycling and resource management services company headquartered in Rutland, Vermont. News about Casella typically centers on its financial performance, acquisition activity, leadership developments, and financing transactions, all within the context of its operations in the eastern United States.
Investors following CWST news will find regular quarterly earnings announcements in which the company reports revenues, net income, and non-GAAP measures such as Adjusted EBITDA and Adjusted Free Cash Flow. These releases often discuss the impact of acquisitions, collection and disposal pricing, landfill volumes, and growth in its Resource Solutions activities, as well as updated guidance ranges for revenue and cash flow metrics.
Casella’s news flow also includes corporate governance and leadership updates. Recent disclosures describe a CEO succession plan in which John W. Casella transitions from Chief Executive Officer to Executive Chairman of the Board, and Edmond R. “Ned” Coletta assumes the role of Chief Executive Officer and joins the Board. These announcements highlight continuity in management and the company’s long operating history.
Another recurring theme in Casella’s news is its use of tax-exempt solid waste disposal revenue bonds issued through state authorities in Maine and New York. Press releases and related Form 8-K filings describe the pricing, remarketing, and redemption of these bonds, the associated interest rate periods, and the use of proceeds to finance assets used in the company’s operations.
By monitoring this CWST news page, readers can review a stream of company-issued updates on earnings, guidance, acquisitions, leadership changes, and financing events that shape Casella’s development as a regional waste and resource management services provider.
Casella Waste Systems (CWST) reported strong Q1 2021 results, with revenues of $189.5 million, a 3.6% increase year-over-year. Net income soared to $4.3 million (up 349.5%), while Adjusted EBITDA climbed 15.9% to $38.8 million. The company's Adjusted Free Cash Flow reached $11.0 million, up 172.8%. Casella raised its Adjusted EBITDA and cash flow guidance for the fiscal year 2021 while reaffirming its revenue and net income targets. Despite challenges from COVID-19, the company is optimistic about a rebound in solid waste volumes.
Casella Waste Systems (Nasdaq: CWST) will announce its financial results for Q1 2021 on April 29, 2021, after market close. A conference call to discuss these results is scheduled for April 30, 2021, at 10:00 AM ET. Interested participants can join by calling (877) 838-4153 or internationally at (720) 545-0037, using Conference ID 760 9317. Additionally, Casella will present at the Oppenheimer 16th Annual Industrial Growth Conference on May 4, 2021, at 11:15 AM ET. The presentation will be available on the company's investor website.
Casella Waste Systems, a solid waste and recycling management company, announced its participation in two upcoming virtual investor conferences. The Raymond James 42nd Annual Institutional Investors Conference is scheduled for March 1, 2021, at 12:30 PM ET, followed by the Bank of America Securities 2021 Global Agriculture & Materials Conference on March 4, 2021, at 9:00 AM ET and 10:00 AM ET. Presentations will be available on the company’s website prior to each conference.
Casella Waste Systems (CWST) reported strong financial results for Q4 and FY2020, with revenues of $200.2 million for Q4, up 3.4%, and $774.6 million for the year, a 4.2% increase. Net income surged to $62.9 million in Q4, a 594% improvement, largely due to a $55 million tax benefit. Adjusted EBITDA rose 3.7% to $42.6 million in Q4, with annual Adjusted Free Cash Flow up 24.7% to $69.1 million. For FY2021, the company projects revenue between $815-$830 million, with net income expected to decline due to the previous tax adjustment.
Casella Waste Systems (Nasdaq: CWST) will announce its financial results for Q4 2020 on February 18, 2021, post-market close. A conference call to discuss these results is scheduled for February 19, 2021, at 10:00 a.m. ET. Participants can join by calling (877) 838-4153 or (720) 545-0037 for international calls, with Conference ID 933 8304. The call will be webcast on the company's website, and a replay will be available. For more information, contact Ned Coletta, CFO, at (802) 772-2239.
Casella Waste Systems, a regional solid waste and recycling services firm, will present at two virtual investor conferences. The Baird's 2020 Global Industrial Conference is scheduled for November 11, 2020, at 10:50 AM Eastern Time, followed by the Raymond James SMID Cap Company Showcase on November 12, 2020. Presentations will be available before the events via the Investors' section of their website. For more information, contact CFO Ned Coletta at (802) 772-2239 or visit their official site.
Casella Waste Systems (CWST) reported strong financial results for Q3 2020, with revenues of $202.7 million, up 2.1% from Q3 2019. Net income reached $15.1 million, a 22.0% increase, and adjusted EBITDA climbed to $51.3 million, reflecting a 5.9% growth. The company raised its guidance for full-year 2020 in several key metrics, including revenues projected between $760 million and $775 million. Despite an 8.4% decline in solid waste volumes due to COVID-19, operational improvements and strategic acquisitions contributed positively to cash flow management.
FAQ
What is the current stock price of Casella Waste (CWST)?
What is the market cap of Casella Waste (CWST)?
