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GFL Environmental Investor Day to Highlight Top-Line Growth, RBC Says
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GFL Environmental Investor Day to Highlight Top-Line Growth, RBC Says
Feb 24, 2025 8:51 AM

11:30 AM EST, 02/24/2025 (MT Newswires) -- GFL Environmental's ( GFL ) investor day later this week will likely highlight the company's top-line growth and potential for margin runway ahead, RBC Capital Markets said in a note to clients emailed Monday.

GFL is expected to release Q4 results on Monday after the market closes and is slated to host an investor day on Thursday.

RBC said that after the recently disclosed deal under which GFL will sell a majority stake in its Environmental Services segment, it expects the "investor day to set the stage for the medium term as GFL moves forward as a solid-waste play."

The investment firm expects GFL to issue its 2025 outlook along with the Q4 results, and for it to release medium-term guidance at the investor day.

"Our view is that GFL's smaller scale relative to the other three Waste majors, combined with the margin potential ahead, should lead to industry-leading adjusted earnings before interest, taxes, depreciation, and amortization growth over the medium term," RBC said.

GFL's guidance may also include several "self-help levers from which peers are already benefiting" like the use of artificial intelligence technology, RBC added.

RBC reiterated its outperform rating on GFL and a $53 price target.

Price: 46.20, Change: -0.13, Percent Change: -0.28

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