Equities Analysts Offer Predictions for TSE:GFL Q4 Earnings

GFL Environmental Inc. (TSE:GFL) – Analysts at Atb Cap Markets boosted their Q4 2024 earnings estimates for shares of GFL Environmental in a report issued on Tuesday, January 7th. Atb Cap Markets analyst C. Murray now expects that the company will earn $0.30 per share for the quarter, up from their previous estimate of $0.29. The consensus estimate for GFL Environmental’s current full-year earnings is $1.69 per share. Atb Cap Markets also issued estimates for GFL Environmental’s Q1 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.46 EPS and FY2025 earnings at $1.60 EPS.

Separately, Scotiabank upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Friday, October 4th.

GFL Environmental Stock Performance

TSE:GFL opened at C$63.69 on Friday. The firm has a market cap of C$24.25 billion, a price-to-earnings ratio of -31.07, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03. The company has a debt-to-equity ratio of 145.69, a current ratio of 0.89 and a quick ratio of 0.57. GFL Environmental has a 1-year low of C$41.90 and a 1-year high of C$68.43. The firm’s fifty day moving average price is C$63.59 and its 200 day moving average price is C$57.92.

GFL Environmental (TSE:GFL) last announced its earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, beating analysts’ consensus estimates of C$0.32 by C$0.01. The business had revenue of C$2.01 billion during the quarter, compared to analysts’ expectations of C$2.06 billion. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%.

GFL Environmental Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 31st will be given a dividend of $0.014 per share. The ex-dividend date is Monday, January 13th. This represents a $0.06 annualized dividend and a yield of 0.09%. GFL Environmental’s dividend payout ratio (DPR) is presently -3.90%.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.