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Stock impact report

Q4 Earnings Review: Waste Management Stocks Led by Casella Waste Systems (NASDAQ:CWST) [Yahoo! Finance]

Casella Waste Systems, Inc. - Class A (CWST) 
Last casella waste systems, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.casella.com
Company Research Source: Yahoo! Finance
Waste management companies can possess licenses permitting them to handle hazardous materials. Furthermore, many services are performed through contracts and statutorily mandated, non-discretionary, or recurring, leading to more predictable revenue streams. However, regulation can be a headwind, rendering existing services obsolete or forcing companies to invest precious capital to comply with new, more environmentally-friendly rules. Lastly, waste management companies are at the whim of economic cycles. Interest rates, for example, can greatly impact industrial production or commercial projects that create waste and byproducts. The 9 waste management stocks we track reported a slower Q4. As a group, revenues missed analysts' consensus estimates by 1.2%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 15.6% since the latest earnings results. Starting with the founder picking up garbage with a pickup truck he purchased using sa Show less Read more
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