Brokers Issue Forecasts for GFL ENVIRON-TS’s Q2 2020 Earnings (CVE:GFL)

GFL ENVIRON-TS (CVE:GFL) – Stock analysts at National Bank Financial boosted their Q2 2020 EPS estimates for shares of GFL ENVIRON-TS in a research report issued on Wednesday, June 24th. National Bank Financial analyst R. Merer now expects that the company will post earnings of ($0.19) per share for the quarter, up from their previous estimate of ($0.21). National Bank Financial currently has a “Outperform” rating and a $31.00 price objective on the stock. National Bank Financial also issued estimates for GFL ENVIRON-TS’s FY2021 earnings at ($0.55) EPS.

A number of other analysts have also commented on GFL. Stifel Nicolaus lifted their price target on shares of GFL ENVIRON-TS from C$28.00 to C$30.00 in a research note on Thursday, June 25th. TD Securities set a C$27.00 price target on shares of GFL ENVIRON-TS and gave the stock a “hold” rating in a research note on Wednesday, June 24th. Finally, CIBC lifted their price target on shares of GFL ENVIRON-TS from C$28.00 to C$29.50 in a research note on Friday.

GFL ENVIRON-TS (CVE:GFL) last released its quarterly earnings data on Monday, May 11th. The company reported C($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.53) by C$0.50. The firm had revenue of C$931.32 million for the quarter, compared to the consensus estimate of C$891.20 million.

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