RUTLAND, Vt. (AP) — RUTLAND, Vt. (AP) — Casella Waste Systems Inc. (CWST) on Thursday reported a loss of $4.1 million in its first quarter.
The Rutland, Vermont-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs, came to 1 cent per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The provider of garbage-disposal and recycling services posted revenue of $341 million in the period.
Casella expects full-year revenue in the range of $1.48 billion to $1.51 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWST at https://www.zacks.com/ap/CWST
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