GFL ENVIRON-TS to Post Q2 2020 Earnings of ($0.19) Per Share, National Bank Financial Forecasts (CVE:GFL)

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

Several other research firms have also weighed in on GFL. Stifel Nicolaus raised their price objective on GFL ENVIRON-TS from C$28.00 to C$30.00 in a research note on Thursday, June 25th. CIBC increased their target price on GFL ENVIRON-TS from C$28.00 to C$29.50 in a report on Friday, June 26th. Finally, TD Securities set a C$27.00 target price on GFL ENVIRON-TS and gave the company a “hold” rating in a report on Wednesday, June 24th.

GFL ENVIRON-TS (CVE:GFL) last issued its earnings results on Monday, May 11th. The company reported C($0.03) EPS for the quarter, beating the Zacks’ consensus estimate of C($0.53) by C$0.50. The firm had revenue of C$931.32 million during the quarter, compared to analysts’ expectations of C$891.20 million.

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