GFL Environmental (NYSE:GFL) Posts Earnings Results, Meets Estimates

Key Points

• GFL Environmental met earnings expectations, reporting adjusted EPS of $0.19, while quarterly revenue was reported at $2.16 billion. The company continued to post a negative net margin of 3.28%.
• Shares rose 2.4% to $44.65 following the results. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $57.56.
• GFL declared a quarterly dividend of $0.0169 per share, equivalent to an annualized $0.07 payout and a 0.2% yield.

GFL Environmental (NYSE:GFL - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19, reports. GFL Environmental had a negative net margin of 3.28% and a positive return on equity of 4.14%. The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $1.49 billion.

GFL Environmental Stock Up 2.4%

GFL stock traded up $1.06 during trading hours on Thursday, reaching $44.65. 7,957,802 shares of the stock were exchanged, compared to its average volume of 2,638,687. The firm's 50-day moving average is $42.56 and its 200-day moving average is $40.81. The company has a market cap of $16.11 billion, a price-to-earnings ratio of -84.13, a PEG ratio of 3.52 and a beta of 0.72. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.75 and a quick ratio of 0.75. GFL Environmental has a 12 month low of $33.33 and a 12 month high of $46.76.

GFL Environmental Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be issued a dividend of $0.0169 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, October 14th. GFL Environmental's dividend payout ratio is -13.21%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Weiss Ratings upgraded GFL Environmental from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, August 26th. Citigroup set a $51.00 price target on GFL Environmental and gave the stock a "buy" rating in a report on Wednesday, October 14th. Barclays assumed coverage on GFL Environmental in a research report on Wednesday, September 2nd. They set an "overweight" rating and a $58.00 price target on the stock. TD Cowen reiterated a "buy" rating and issued a $65.00 price objective on shares of GFL Environmental in a research report on Friday, September 11th. Finally, BMO Capital Markets reissued a "market perform" rating on shares of GFL Environmental in a research note on Thursday, October 15th. Nine analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $57.56.

Trending Headlines about GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: GFL reported third-quarter revenue, Adjusted EBITDA and Adjusted Free Cash Flow ahead of expectations. Revenue grew 24.4% year over year to approximately $1.5 billion, while Adjusted EBITDA rose 26.8% to $678.7 million. Organic revenue growth accelerated to 7.4%, and the Adjusted EBITDA margin expanded by 115 basis points excluding M&A and diesel-price impacts. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Management raised full-year 2026 guidance for the third time. It now expects revenue and Adjusted EBITDA growth in the low-to-mid 20% range, along with more than 30% growth in Adjusted Free Cash Flow. Acquisitions completed year to date are expected to contribute approximately $2 billion in annualized revenue. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Adjusted earnings were reported at $0.19 per share, in line with one consensus estimate and up from $0.17 a year earlier. Shares also gained after hours following the earnings release. GFL Environmental Quarterly Earnings
• Positive Sentiment: Unusually high call-option activity may indicate increased bullish trading interest, with 38,721 calls purchased—about 156% above average volume.
• Neutral Sentiment: GFL plans to appoint Joseph Lenz Will to its board of directors. The appointment could strengthen governance or industry expertise, but no immediate financial impact was provided. GFL Environmental to Appoint Joseph Lenz Will to the Board
• Negative Sentiment: Reported net income remained weak: GFL posted a $28.0 million loss from continuing operations, while operating profit declined year over year. One analyst survey also characterized the $0.19 adjusted EPS result as slightly below its $0.20 estimate.
• Negative Sentiment: Investors also bought a large volume of put options, signaling that some traders may be hedging against downside risk despite the bullish earnings reaction.

GFL Environmental Company Profile

GFL Environmental Inc is a Canadian environmental services company that provides waste management and related infrastructure services to municipal, residential, commercial, industrial and institutional customers. The company's operations include the collection, transfer, processing, recycling and disposal of non-hazardous solid waste, as well as organics and other resource-recovery services.

GFL also provides infrastructure and soil remediation services, including the management of contaminated materials and related environmental projects.

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