GFL Environmental (NYSE:GFL) Posts Earnings Results, Misses Expectations By $0.03 EPS

GFL Environmental (NYSE:GFL) released its earnings results on Wednesday. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03), Zacks reports. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.33 billion. GFL Environmental had a net margin of 3.09% and a return on equity of 4.53%. GFL Environmental’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 EPS.

GFL Environmental Trading Up 1.6%

Shares of NYSE:GFL traded up $0.65 on Thursday, hitting $40.89. The company had a trading volume of 1,480,465 shares, compared to its average volume of 2,327,372. The firm’s 50-day simple moving average is $37.16 and its two-hundred day simple moving average is $40.08. The firm has a market capitalization of $14.67 billion, a price-to-earnings ratio of 128.26, a P/E/G ratio of 2.97 and a beta of 0.70. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.32. GFL Environmental has a 1 year low of $33.33 and a 1 year high of $51.51.

GFL Environmental Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 13th will be given a $0.0169 dividend. This represents a $0.07 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, July 13th. GFL Environmental’s dividend payout ratio (DPR) is currently 21.88%.

Hedge Funds Weigh In On GFL Environmental

Institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in GFL Environmental by 43.1% in the second quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock worth $37,000 after buying an additional 219 shares during the period. Advisory Services Network LLC grew its holdings in shares of GFL Environmental by 4.1% during the 3rd quarter. Advisory Services Network LLC now owns 6,537 shares of the company’s stock worth $310,000 after acquiring an additional 256 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of GFL Environmental by 45.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock worth $46,000 after acquiring an additional 304 shares in the last quarter. Engineers Gate Manager LP raised its position in shares of GFL Environmental by 6.8% in the 2nd quarter. Engineers Gate Manager LP now owns 5,187 shares of the company’s stock worth $262,000 after acquiring an additional 331 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in shares of GFL Environmental by 0.3% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 135,875 shares of the company’s stock worth $6,863,000 after acquiring an additional 341 shares in the last quarter. 64.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on GFL. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of GFL Environmental in a research report on Wednesday, May 13th. Citigroup set a $51.00 price objective on GFL Environmental and gave the stock a “buy” rating in a report on Monday, July 6th. Scotiabank reduced their price target on GFL Environmental from $56.00 to $52.00 and set a “sector outperform” rating on the stock in a research report on Monday, May 4th. Weiss Ratings downgraded GFL Environmental from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, July 14th. Finally, Zacks Research cut shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a report on Friday, May 22nd. Twelve investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $54.89.

Key Headlines Impacting GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: GFL raised its 2026 outlook for the second time this year, calling for mid-to-high-teens growth across key financial metrics. Second-quarter revenue, adjusted EBITDA and adjusted free cash flow exceeded expectations, while adjusted EBITDA rose 14.8% to $591.2 million and the underlying margin expanded by 125 basis points. GFL Environmental Reports Second Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Reports indicate that at least six private-equity groups have expressed interest in GFL, potentially leading to a go-private transaction. While no deal has been announced, the prospect of competing bids is supporting the stock by raising expectations for a possible takeover premium. GFL Environmental Lifts Outlook, Says Multiple Parties Are Interested in Go-Private Deal
• Neutral Sentiment: Revenue increased approximately 16% year over year to $1.37 billion, above the $1.33 billion consensus estimate. Organic revenue growth accelerated to 6.4%, and acquisitions completed year to date are expected to contribute roughly $435 million to $460 million in annualized revenue.
• Negative Sentiment: Reported earnings were $0.14 per share, below the $0.17 consensus estimate and down from $0.26 a year earlier. GFL also reported a $162.6 million net loss from continuing operations, indicating that higher costs, interest expense and other charges continue to pressure bottom-line results. GFL Environmental Q2 Earnings Miss Estimates

About GFL Environmental

GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company’s core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.

Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.