GFL Environmental (NYSE:GFL) Releases Quarterly Earnings Results, Hits Estimates

GFL Environmental (NYSE:GFL) issued its earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19, reports. The company had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $1.49 billion. GFL Environmental had a negative net margin of 3.28% and a positive return on equity of 4.14%.

GFL Environmental Stock Up 2.9%

GFL stock traded up $1.26 during trading on Thursday, reaching $44.85. 8,031,737 shares of the company traded hands, compared to its average volume of 2,639,628. GFL Environmental has a 12 month low of $33.33 and a 12 month high of $46.76. The company has a market capitalization of $16.18 billion, a price-to-earnings ratio of -84.48, a price-to-earnings-growth ratio of 3.52 and a beta of 0.72. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.75 and a current ratio of 0.75. The business has a 50 day simple moving average of $42.56 and a 200 day simple moving average of $40.81.

GFL Environmental Announces Dividend

The company also recently disclosed 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 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, October 14th. GFL Environmental’s dividend payout ratio (DPR) is presently -13.21%.

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.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on GFL shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of GFL Environmental in a research note on Monday, August 31st. TD Cowen reiterated a “buy” rating and set a $65.00 target price on shares of GFL Environmental in a research report on Friday, September 11th. Scotiabank cut their target price on GFL Environmental from $57.00 to $55.00 and set a “sector outperform” rating for the company in a research report on Thursday, October 15th. Barclays started coverage on GFL Environmental in a report on Wednesday, September 2nd. They issued an “overweight” rating and a $58.00 target price on the stock. Finally, Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $57.56.

About GFL Environmental

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.