TORONTO, Jan. 10, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the fourth quarter of 2024 and outlook for the full year 2025 after the close of the stock market on February 12, 2025.  The Company will be hosting an investor conference call related to this release on February 13th at 8:30 A.M. Eastern Time. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTI ...

Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned Bachelor of Arts and Master of Business Administration (MBA) degrees.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the co ...

Core Viewpoint - Waste Connections, Inc. has demonstrated strong financial performance, with significant growth in earnings and revenues, while also focusing on strategic market expansion and acquisitions to enhance shareholder value [4][9]. Financial Performance - In Q3 2024, Waste Connections reported adjusted earnings of $1.4 per share, exceeding the Zacks Consensus Estimate by 3.9% and reflecting a year-over-year increase of 15.4% [4]. - Revenues reached $2.3 billion, surpassing consensus estimates by 2.2% and growing 13.3% compared to the same quarter last year [4]. Market Strategy - The company targets secondary and rural markets to increase local market share, reducing customer churn and improving financial returns [5]. - Waste Connections aims to enhance market penetration and provide additional services to capitalize on future drilling opportunities in targeted areas [6]. - The company operates a vertically integrated service model, managing operations on a decentralized basis to efficiently meet customer needs [7]. Acquisition Activity - Waste Connections has been active in acquisitions, completing 30, 24, and 13 buyouts in 2021, 2022, and 2023, generating revenues of $215.4 million, $552 million, and $410.9 million from these activities, respectively [9]. - The company employs a strategic approach to acquisitions, using initial buyouts as operational bases to strengthen market presence [8]. Shareholder Returns - Waste Connections has consistently rewarded shareholders, paying dividends of $220.2 million, $243 million, and $270.6 million in 2021, 2022, and 2023, respectively, indicating a commitment to creating shareholder value [9].

Waste Connections, Inc. (WCN) has had an impressive run over the past year. The stock has gained 24%, outperforming the industry’s 20% rally.The company has an expected long-term earnings per share (three to five years) growth rate of 12.4%. Earnings are expected to register year-over-year growth of 15.5% in 2024 and 12.2% in 2025.Factors That Augur Well for WCNBeing a leading player in the waste management industry, Waste Connections will likely benefit from ongoing trends such as increasing environmental ...

Waste Connections, Inc. (WCN) stock has rallied 29.5% over the past year. The company’s performance is being driven by healthy demand for services, acquisitions, operating efficiency and increased prices charged to customers.Waste Connections has been benefiting from trends such as rising environmental concerns, rapid industrialization and increased population. The company’s services usually cannot be delayed and are required on a scheduled basis, allowing it to achieve a steady flow of revenues, which grew ...

It has been about a month since the last earnings report for Waste Connections (WCN) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Waste Connections due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Waste Connections Beats on Q3 Earn ...

Core Insights - Waste Connections, Inc. (WCN) reported strong third-quarter 2024 results, with earnings and revenues exceeding Zacks Consensus Estimates, although the stock declined by 2.5% post-release [1][2] Financial Performance - Adjusted earnings were $1.4 per share, surpassing the consensus estimate by 3.9% and reflecting a year-over-year increase of 15.4% [2] - Revenues reached $2.3 billion, beating the consensus estimate by 2.2% and growing 13.3% compared to the same quarter last year [2] - Adjusted EBITDA was $787.4 million, up 17.3% year-over-year, with an adjusted EBITDA margin of 33.7%, an increase of 120 basis points from the previous year [5] Segment Performance - Solid Waste Collection segment revenues grew 7.2% year-over-year to $1.6 billion [3] - Solid Waste Disposal and Transfer segment revenues increased 10.4% to $776.9 million, exceeding expectations [3] - Solid Waste Recycling segment revenues surged 65.1% to $63.3 million, beating estimates [4] - Intermodal and Other segment revenues rose 93.2% to $69.7 million, surpassing expectations [4] - E&P Waste Treatment, Recovery, and Disposal segment revenues more than doubled to $154.2 million, exceeding estimates [4] Cash Flow and Balance Sheet - Cash generated from operating activities was $558.3 million, with adjusted free cash flow at $316.3 million [7] - Capital expenditures totaled $272.1 million, and dividends paid amounted to $65.7 million [7] - The company ended the quarter with cash and cash equivalents of $78.4 million and long-term debt of $6.7 billion, unchanged from the previous quarter [6] Future Outlook - Waste Connections raised its 2024 revenue guidance to $8.9 billion, up from $8.85 billion, while the Zacks Consensus Estimate remains at $8.85 billion [8] - Expected adjusted EBITDA for 2024 is $2.91 billion, with a margin of 32.7% [8]

For the quarter ended September 2024, Waste Connections (WCN) reported revenue of $2.34 billion, up 13.3% over the same period last year. EPS came in at $1.35, compared to $1.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.29 billion, representing a surprise of +2.18%. The company delivered an EPS surprise of +3.85%, with the consensus EPS estimate being $1.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-34370 WASTE CONNECTIONS, INC. (Exact name of registrant as specified in its charter) Ontario, Canada (State ...

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 ...