FY2027 EPS Estimates for GFL Environmental Cut by Scotiabank

GFL Environmental Inc. (TSE:GFL) – Equities researchers at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for shares of GFL Environmental in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $1.40 per share for the year, down from their previous forecast of $1.53. The consensus estimate for GFL Environmental’s current full-year earnings is $1.69 per share.

GFL has been the subject of a number of other research reports. The Goldman Sachs Group raised GFL Environmental to a “hold” rating in a research note on Monday, November 24th. Wells Fargo & Company upgraded GFL Environmental to a “strong-buy” rating in a research report on Thursday, November 13th. Four investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, GFL Environmental presently has a consensus rating of “Strong Buy”.

GFL Environmental Trading Down 1.9%

GFL opened at C$58.40 on Friday. The company has a 50-day simple moving average of C$59.15 and a 200 day simple moving average of C$62.79. GFL Environmental has a twelve month low of C$55.74 and a twelve month high of C$71.82. The stock has a market capitalization of C$20.32 billion, a price-to-earnings ratio of 5.85, a P/E/G ratio of -0.76 and a beta of 0.05. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75.

GFL Environmental (TSE:GFL) last released its earnings results on Wednesday, February 11th. The company reported C$0.37 earnings per share (EPS) for the quarter. GFL Environmental had a negative return on equity of 8.41% and a negative net margin of 7.55%.The company had revenue of C$1.69 billion for the quarter.

About GFL Environmental

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its infrastructure and soil remediation business line provides remediation of contaminated soils and complementary services, including civil, demolition, excavation, and shoring services.