Wednesday, Covanta Holding Corp. (CVA) reported third-quarter net income attributable to Covanta Holding Corp. of $40.9 million or $0.26 per share, compared to net income of $47.1 million or $0.30 per share in the same quarter last year.
Excluding the transaction expense related to the acquisition of Veolia Energy-from-Waste facilities earnings for the quarter were $0.28 per share, down from $0.30 per share in the prior year quarter.
On average, nine analysts polled by Thomson Reuters expected the company to earn $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues for the quarter were $409 million, down 7% from $439 million in the comparable quarter last year. Analysts expected the company to report revenue of $387.85 million for the quarter.
Looking ahead to the full year 2009, the company reaffirmed its earnings guidance range of $0.65 - $0.80 per share. Analysts currently anticipate the company to earn $0.69 per share.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.