Casella Waste Systems, Inc. Raises Earnings Guidance for the Fiscal Year 2021
October 29, 2021 at 01:45 am IST
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Casella Waste Systems, Inc. raised earnings guidance for the fiscal year 2021. For the year, the company now expects Revenues between $870 million and $880 million as compared to between $850 million and $860 million forecasted previously. Net income is now expected to be between $37 million and $41 million as compared to between $35 million and $39 million forecasted previously.
Casella Waste Systems, Inc. is a regional, vertically integrated solid waste services company. The Company manages its solid waste operations on a geographic basis through three regional operating segments: the Eastern, Western and Mid-Atlantic regions. It manages its resource renewal operations through the Resource Solutions operating segment, which leverages its core competencies in materials processing, industrial recycling, organics and resource management service offerings to deliver a solution for its commercial, municipal, institutional and industrial customers. It operates approximately 64 solid waste collection operations, 71 transfer stations, 29 recycling and processing facilities, eight Subtitle D landfills, three landfill gas-to-energy facilities and one landfill permitted to accept construction and demolition materials. It provides integrated solid waste services in Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine, Pennsylvania, Delaware and Maryland.