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Covanta Holding Corporation Q4 adjusted earnings Miss Estimates

Covanta Holding Corporation (CVA) announced earnings for fourth quarter that decreased from the same period last year.

The company's earnings totaled $9 million, or $0.07 per share. This compares with $131 million, or $1.01 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $500 million from $495 million last year.

Covanta Holding Corporation earnings at a glance:

-EPS (Q4): $0.04 vs. $0.09 last year.
-Analysts Estimate: $0.10
-Revenue (Q4): $500 Mln vs. $495 Mln last year.

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