Casella Waste Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 04:15 pm EDT
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Casella Waste Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 295.27 million compared to USD 241.97 million a year ago. Net income was USD 22.67 million compared to USD 15.86 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 0.31 a year ago.
For the nine months, sales was USD 812.96 million compared to USD 647.38 million a year ago. Net income was USD 44.66 million compared to USD 31.96 million a year ago. Basic earnings per share from continuing operations was USD 0.87 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 0.86 compared to USD 0.62 a year ago.
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.
CASELLA WASTE SYSTEMS, INC. 
