Q2 2024 Earnings Estimate for GFL Environmental Inc. Issued By National Bank Financial (TSE:GFL)

GFL Environmental Inc. (TSE:GFL) – Analysts at National Bank Financial lifted their Q2 2024 EPS estimates for GFL Environmental in a note issued to investors on Sunday, April 21st. National Bank Financial analyst R. Merer now anticipates that the company will earn $0.30 per share for the quarter, up from their prior estimate of $0.28. The consensus estimate for GFL Environmental’s current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for GFL Environmental’s Q3 2024 earnings at $0.31 EPS, Q4 2024 earnings at $0.13 EPS, FY2024 earnings at $0.77 EPS and FY2025 earnings at $1.02 EPS.

GFL Environmental Trading Down 0.0 %

Shares of GFL opened at C$45.37 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.57 and a debt-to-equity ratio of 125.76. GFL Environmental has a 12-month low of C$36.56 and a 12-month high of C$51.83. The firm has a 50-day moving average price of C$47.21 and a 200 day moving average price of C$44.30. The firm has a market capitalization of C$16.30 billion, a P/E ratio of -349.00, a P/E/G ratio of -0.76 and a beta of 1.22.

GFL Environmental (TSE:GFL) last announced its quarterly earnings data on Tuesday, February 20th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.19). GFL Environmental had a net margin of 0.60% and a return on equity of 0.48%. The firm had revenue of C$1.88 billion during the quarter, compared to analysts’ expectations of C$1.85 billion.

GFL Environmental Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a yield of 0.17%. The ex-dividend date is Friday, April 12th. This is a positive change from GFL Environmental’s previous quarterly dividend of $0.02. GFL Environmental’s dividend payout ratio (DPR) is -53.85%.

Insiders Place Their Bets

In other GFL Environmental news, Senior Officer Mindy Beth Gilbert sold 9,645 shares of the stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of C$47.85, for a total transaction of C$461,513.25. 3.16% of the stock is currently owned by insiders.

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.