GFL Environmental (GFL) Set to Announce Quarterly Earnings on Wednesday

GFL Environmental (TSE:GFL) is set to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect GFL Environmental to post earnings of C$0.09 per share for the quarter.

GFL Environmental (TSE:GFL) last announced its quarterly earnings data on Tuesday, February 20th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.19). The firm had revenue of C$1.88 billion during the quarter, compared to the consensus estimate of C$1.85 billion. GFL Environmental had a net margin of 0.60% and a return on equity of 0.48%.

GFL Environmental Price Performance

TSE GFL opened at C$45.37 on Wednesday. The company has a market cap of C$16.30 billion, a PE ratio of -349.00, a price-to-earnings-growth ratio of -0.76 and a beta of 1.22. The company has a quick ratio of 0.57, a current ratio of 0.82 and a debt-to-equity ratio of 125.76. The firm’s 50-day simple moving average is C$47.21 and its two-hundred day simple moving average is C$44.30. GFL Environmental has a 52 week low of C$36.56 and a 52 week high of C$51.83.

GFL Environmental Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a dividend of $0.019 per share. The ex-dividend date is Friday, April 12th. This represents a $0.08 annualized dividend and a dividend yield of 0.17%. This is an increase from GFL Environmental’s previous quarterly dividend of $0.02. GFL Environmental’s dividend payout ratio is currently -53.85%.

Insider Activity at GFL Environmental

In other news, Senior Officer Mindy Beth Gilbert sold 9,645 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$47.85, for a total transaction of C$461,513.25. 3.16% of the stock is currently owned by corporate insiders.

About GFL Environmental

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.