Equities analysts expect Advanced Disposal Services Inc (NYSE:ADSW) to post $0.08 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Advanced Disposal Services’ earnings, with the lowest EPS estimate coming in at $0.07 and the highest estimate coming in at $0.10. Advanced Disposal Services posted earnings of $0.09 per share during the same quarter last year, which would suggest a negative year over year growth rate of 11.1%. The company is scheduled to report its next earnings report after the market closes on Tuesday, April 30th.
According to Zacks, analysts expect that Advanced Disposal Services will report full-year earnings of $0.61 per share for the current financial year, with EPS estimates ranging from $0.58 to $0.63. For the next financial year, analysts anticipate that the business will post earnings of $0.72 per share, with EPS estimates ranging from $0.64 to $0.78. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Advanced Disposal Services.
Advanced Disposal Services (NYSE:ADSW) last issued its earnings results on Thursday, February 21st. The company reported $0.13 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.13. Advanced Disposal Services had a return on equity of 5.69% and a net margin of 0.60%. The business had revenue of $394.80 million during the quarter, compared to the consensus estimate of $386.64 million. During the same period last year, the company earned $0.13 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis.
Shares of ADSW traded down $0.02 during midday trading on Monday, reaching $28.00. The company had a trading volume of 413,521 shares, compared to its average volume of 276,429. Advanced Disposal Services has a 1-year low of $21.80 and a 1-year high of $28.35. The company has a market capitalization of $2.49 billion, a PE ratio of 48.28, a price-to-earnings-growth ratio of 4.64 and a beta of 0.72. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.99.
Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Advanced Disposal Services by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,894,669 shares of the company’s stock worth $159,628,000 after purchasing an additional 240,096 shares during the last quarter. Vanguard Group Inc increased its position in shares of Advanced Disposal Services by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 5,894,669 shares of the company’s stock worth $159,628,000 after purchasing an additional 240,096 shares during the last quarter. JPMorgan Chase & Co. grew its position in Advanced Disposal Services by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,555,920 shares of the company’s stock valued at $150,454,000 after acquiring an additional 643,481 shares in the last quarter. BlackRock Inc. grew its position in Advanced Disposal Services by 5.1% in the 4th quarter. BlackRock Inc. now owns 4,978,355 shares of the company’s stock valued at $119,183,000 after acquiring an additional 241,958 shares in the last quarter. Finally, Norges Bank acquired a new position in Advanced Disposal Services in the 4th quarter valued at about $69,133,000.
About Advanced Disposal Services
Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.
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