What is Atb Cap Markets’ Estimate for TSE:GFL Q4 Earnings?

GFL Environmental Inc. (TSE:GFL) – Research analysts at Atb Cap Markets increased their Q4 2024 earnings per share estimates for GFL Environmental in a report issued on Tuesday, January 7th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings per share of $0.30 for the quarter, up from their previous forecast 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.

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

Separately, Scotiabank raised GFL Environmental to a “strong-buy” rating in a research note on Friday, October 4th.

GFL Environmental Trading Up 0.1 %

Shares of TSE GFL opened at C$63.75 on Friday. GFL Environmental has a one year low of C$41.90 and a one year high of C$68.43. The firm has a market capitalization of C$24.27 billion, a PE ratio of -31.10, a PEG ratio of -0.76 and a beta of 1.03. The company has a current ratio of 0.89, a quick ratio of 0.57 and a debt-to-equity ratio of 145.69. The business has a 50-day moving average price of C$63.70 and a two-hundred day moving average price of C$57.96.

GFL Environmental Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 31st will be paid a $0.014 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.09%. The ex-dividend date is Monday, January 13th. GFL Environmental’s payout ratio is -3.90%.

About GFL Environmental

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.