Casella Waste

Q2 FY2026 EarningsQ2 FY26 results beat consensus on the top line but missed significantly on bottom-line metrics. Revenue reached $543.7M (+3.3% vs. $526.2M expected), driven by aggressive M&A and a +5.5% price yield in Solid Waste. However, Normalized EPS of $0.06 was sharply below the $0.294 mean consensus, hampered by high acquisition-related expenses ($6.1M) and elevated interest costs. Operating cash flow of $90.9M was in-line, while M&A spend of $400.8M year-to-date underscores a capital-intensive growth strategy.