Casella Waste Systems reports Q3 2026 loss, revenue miss and raises full‑year outlook
Casella Waste Systems posted a third‑quarter net loss of $7.0 million and adjusted earnings of $0.35 per share, both missing analyst expectations. Revenue was $559.2 million, up 15.2% year‑over‑year but below consensus estimates. The company lifted its FY 2026 revenue guidance to $2.10‑$2.11 billion and narrowed its adjusted EBITDA outlook to $475‑$481 million, while lowering its GAAP loss guidance. CEO Ned Coletta said the results reflect strong pricing and acquisitions, and the firm expects continued margin improvement.
Why it matters
The raised revenue guidance and tighter EBITDA range signal management confidence in growth, which may affect investor expectations for cash flow and earnings (the company’s own press release says it raised its 2026 revenue outlook and narrowed adjusted EBITDA guidance). The GAAP loss outlook was lowered, indicating a more modest downside for the bottom line.
Key facts
- 1Q3 2026 revenue was $559.2 million, up $73.9 million or 15.2% from the same quarter in 2025. vermontbiz.com
- 2Adjusted earnings per share were $0.35, missing consensus expectations by $0.07. investing.com
- 3The company reported a net loss of $7.0 million for the quarter, compared with net income of $10.0 million a year earlier. investing.com
- 4Full‑year 2026 revenue guidance was raised to a range of $2.10 billion‑$2.11 billion. finance.yahoo.com
- 5Adjusted EBITDA for Q3 was $133.5 million, up $13.6 million or 11.4% year‑over‑year. vermontbiz.com
- 6Adjusted EBITDA guidance for FY 2026 was narrowed to $475 million‑$481 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.