Waste nections(WCN)

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Waste Connections (WCN) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-23 22:21
Waste Connections (WCN) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this solid waste services provider would post earnings of $1.18 per share when it actually produced earnings of $1.24, delivering a surprise of 5.08%.Over the last four q ...
Waste nections(WCN) - 2024 Q3 - Quarterly Results
2024-10-23 20:10
Exhibit 99.1 WASTE CONNECTIONS REPORTS THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK - Better than expected third quarter results drive further increases to full year 2024 outlook - Revenue of $2.338 billion, up 13.3% year over year - Net income (a) of $308.0 million, and adjusted EBITDA(b) of $787.4 million, up 17.3% year over year - Adjusted EBITDA(b) margin of 33.7%, up 120 basis points year over year - Net income of $1.19 per share, and adjusted net income (b) of $1.35 per share - Year to date ...
WASTE CONNECTIONS ANNOUNCES 10.5% INCREASE IN QUARTERLY DIVIDEND
Prnewswire· 2024-10-23 20:05
TORONTO, Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend on the Company's common shares and approved a 10.5% increase in the dividend. The regular quarterly cash dividend, which increases to $0.315 U.S. per common share of the Company from $0.285 U.S. per common share of the Company, will be paid on November 21, 2024 to shareholders of record on the close of ...
Unveiling Waste Connections (WCN) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-18 14:20
Wall Street analysts expect Waste Connections (WCN) to post quarterly earnings of $1.30 per share in its upcoming report, which indicates a year-over-year increase of 11.1%. Revenues are expected to be $2.29 billion, up 10.8% from the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a company reveal ...
WASTE CONNECTIONS ANNOUNCES DATES FOR THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2024-09-23 20:05
TORONTO, Sept. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the third quarter of 2024 after the close of the stock market on October 23, 2024. The Company will be hosting an investor conference call related to this release on October 24th at 8:30 A.M. Eastern Time. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTIONS_ INC_) Waste Connections logo. (PRNews ...
Why Waste Connections (WCN) is a Top Growth Stock for the Long-Term
ZACKS· 2024-09-18 14:50
Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, disposal, and recycling services across the U.S. and Canada [11] - The company also offers non-hazardous oilfield waste treatment, recovery, and disposal services in active natural resource producing areas, including the Permian, Bakken, and Eagle Ford Basins through its subsidiary R360 Environmental Solutions [11] Investment Potential - Waste Connections has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a solid position in the market [12] - The company is considered a top pick for growth investors, with a Growth Style Score of B, forecasting year-over-year earnings growth of 15.5% for the current fiscal year [12] - Nine analysts have revised their earnings estimates upwards in the last 60 days for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.01 to $4.84 per share [12] - Waste Connections boasts an average earnings surprise of 3.1%, suggesting potential for positive performance [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Waste Connections should be on investors' short lists for potential investment opportunities [13]
Acquisitions Aid Waste Connections (WCN) Amid Low Liquidity
ZACKS· 2024-08-20 15:11
Waste Connections (WCN) had an impressive run over the past year. The stock has gained 32.4% compared with the 27.7% rally of the industry it belongs to and the 26.3% rise of the Zacks S&P 500 composite. WCN reported solid second-quarter 2024 results. Adjusted earnings (excluding 17 cents from non-recurring items) of $1.2 per share beat the Zacks Consensus Estimate by 5.1% and increased 21.6% year over year. Revenues of $2.2 billion surpassed the consensus estimate by 1.4% and rose 11.2% from the year-ago q ...
WASTE CONNECTIONS RENEWS NORMAL COURSE ISSUER BID FOR SHARE REPURCHASES
Prnewswire· 2024-08-08 12:45
TORONTO, Aug. 8, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it has received approval from the Toronto Stock Exchange (the "TSX") for the annual renewal of its normal course issuer bid (the "NCIB"). The renewal will follow on the conclusion of the Company's current NCIB expiring August 9, 2024. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTIONS_ INC_) Waste Connections logo. (PRNewsFoto/Waste ...
Waste Connections: Rating Downgrade As Near-Term Upside Is Priced In
Seeking Alpha· 2024-08-05 08:02
- 100 - 100 The Property 11 119 CT of Cattle 4 p A 1 t Hol Makiko Tanigawa Investment action I recommended a buy rating for Waste Connections (TSX:WCN:CA) when I wrote about it in May, as I expected the stock to sustain its 33x forward P/E multiple, supported by a positive margin expansion outlook and high single-digit topline growth visibility (with upside if WCN continues its acquisition streak). Based on my current outlook and analysis, I recommend a hold rating. My key update to my thesis is that WCN's ...
Waste Connections (WCN) Marginally Dips Despite Q2 Earnings Beat
ZACKS· 2024-08-02 18:15
Waste Connections, Inc. (WCN) reported solid second-quarter 2024 results, wherein earnings and revenues surpassed the Zacks Consensus Estimates. Better-than-expected earnings did not impress investors, as the WCN stock declined marginally since the release of results on Jul 24. Waste Connections' adjusted earnings (excluding 17 cents from non-recurring items) of $1.2 per share beat the Zacks Consensus Estimate by 5.1% and increased 21.6% on a year-over-year basis. Revenues of $2.2 billion surpassed the cons ...