Yahoo Finance GFL Environmental First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
GFL Environmental (TSE:GFL) First Quarter 2024 Results
Key Financial Results
Revenue: CA$1.80b (flat on 1Q 2023).
Net loss: CA$172.8m (loss narrowed by 29% from 1Q 2023).
CA$0.46 loss per share (improved from CA$0.66 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GFL Environmental Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 101%.
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Commercial Services industry in Canada.
Performance of the Canadian Commercial Services industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for GFL Environmental you should be aware of, and 1 of them doesn't sit too well with us.
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