GFL Environmental Inc. reports results for the quarter ended September 30 - Earnings Summary

• GFL Environmental Inc. reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 12 cents to 41 cents per share.

• Revenue rose 27.2% to C$2.16 billion from a year ago; analysts expected C$2.07 billion.

• GFL Environmental Inc.'s reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of C$21.6 million.

• GFL Environmental Inc. shares had risen by 6.4% this quarter and gained 7.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.5% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

• Wall Street's median 12-month price target for GFL Environmental Inc. is C$67.00, about 9.1% above its last closing price of C$60.91

This summary was machine generated from LSEG data October 28 at 09:56 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)