GFL Environmental reports Q4 EPS (21c) may not compare with consensus 16c

Reports Q4 revenue $1.88B, consensus $1.37B. “Our employees delivered another exceptional year of results,” said Patrick Dovigi, Founder and CEO. “In 2023, our continued focus on strong execution drove double-digit, industry-leading organic revenue growth, including Solid Waste core pricing increase of 9.8% for the year, the highest in our history. We also grew Adjusted EBITDA for the year by 21.1%, excluding the impact of divestitures, and demonstrated significant operating leverage, resulting in Solid Waste Adjusted EBITDA margin1 expansion of 180 basis points and Environmental Services Adjusted EBITDA margin1 expansion of 160 basis points, year-over-year.”