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Waste Connections: Shares Have A Good Chance Of Beating Q2 Estimates
WCNWaste nections(WCN) Seeking Alpha·2024-07-19 06:49

Please note all figuresinfigures inUSD, not CAD,unlessotherwisestated.WhenlookingatthelatestquarterlyresultsforQ124forWasteConnections,thecompanyreportedrevenueofCAD, unless otherwise stated. When looking at the latest quarterly results for Q1'24 for Waste Connections, the company reported revenue of 2.073 billion, which was up 9.1% year over year. This was a beat of 18millioncomparedtoconsensusestimates,soresultscameinbetterthanexpected.OnadjustedEBITDA,Q124cameinat18 million compared to consensus estimates, so results came in better than expected. On adjusted EBITDA, Q1'24 came in at 651 million, beating the consensus estimate of 641million(source:Bloomberg).EPSof641 million (source: Bloomberg). EPS of 1.04 came in ahead of consensus of a dollar. In my ...