2019 earnings coverage: Covanta
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Q1: Continued investments, 'early signs of interest' in new US capacity
By Rina Li • April 29, 2019Newly launched operations in New York, ongoing project development in the U.K. and increasingly favorable pricing trends in the U.S. delivered another positive quarter. Read the full article ➔
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Q2: Price increases continue as commodity revenues dip
By Cole Rosengren • July 29, 2019Tough markets for metals and energy have caused the company to lower its 2019 guidance, but executives expressed optimism about overall prospects. Read the full article ➔
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Q3: Commodity challenges endure, waste remains profitable
By E.A. Crunden • Oct. 28, 2019Even amid ongoing pricing headwinds for metals and energy, Covanta executives say their core business is strong. Tip fees are expected to be up 4% for the year as Northeast disposal capacity tightens. Read the full article ➔
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Q4: Record waste volumes in 2019, 'active' talks around new US capacity
By E.A. Crunden • Feb. 24, 2020Commodity market turbulence remains challenging, but Covanta touted strong pricing growth and a string of upcoming international projects. The company also emphasized its role as a landfill alternative as climate concerns mount. Read the full article ➔
Recommended Reading
- 2019 earnings coverage for US waste and recycling companies By Waste Dive Team • Feb. 26, 2020