Waste removal companies expected to exceed earnings estimates due to sector strength and positive revenue

From Nasdaq MarketSite: 2025-04-22 14:04:00

In the first quarter of 2025, the U.S. service sector saw strong momentum due to economic stability and growth in non-manufacturing activities driven by the AI revolution, demand for cost efficiency, and regulatory compliance focus. Various service industries, including transportation, retail, finance, and construction, showed resilience, supporting economic stability.

Waste management service providers like Casella Waste Systems (CWST), Waste Connections (WCN), and WM are expected to beat earnings estimates this season. The U.S. economy remained resilient in 2024 with a 2.8% GDP growth, while non-manufacturing activities thrived. Specific factors like waste management’s steady demand and consulting services’ relevance contributed to sector growth.

Casella Waste Systems, Waste Connections, and Waste Management are poised to perform well this season. Casella Waste Systems’ revenue estimate for Q1 2025 is $412.4 million with earnings at 11 cents per share, showing significant growth. Waste Connections and Waste Management also have positive revenue estimates, indicating sector strength and potential for earnings surprises.

Earnings ESP, a methodology for predicting earnings surprises, shows that stocks with positive results have a 70% chance of surprising. Casella Waste Systems, Waste Connections, and Waste Management have favorable Earnings ESP and are expected to announce their Q1 2025 results in the coming weeks. These waste removal stocks are well-positioned for success this season.



Read more at Nasdaq MarketSite:: 3 Waste Removal Firms Poised to Beat Estimates This Earnings Season