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WASTE CONNECTIONS ANNOUNCES DATES FOR SECOND QUARTER 2025 EARNINGS RELEASE
Prnewswire· 2025-06-30 20:05
TORONTO, June 30, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the second quarter of 2025 after the close of the stock market on July 23, 2025. The Company will be hosting an investor conference call related to this release on July 24th at 8:30 A.M. Eastern Time. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTIONS_ INC_) A live audio webcast of the conf ...
Waste Management CEO Jim Fish on growth outlook, consumer demand and future of waste services
CNBC Television· 2025-06-25 12:21
Jim Fish, Waste Management CEO, joins 'Squawk Box' to discuss the company's revenue mix, growth outlook, consumer demand, managing medical waste, labor trends, and more. ...
WASTE CONNECTIONS ANNOUNCES PRICING OF $500 MILLION OF SENIOR NOTES
Prnewswire· 2025-05-28 20:38
Core Viewpoint - Waste Connections, Inc. has announced a public offering of $500 million in senior notes with a 5.25% interest rate, set to close on June 4, 2025, primarily to repay existing borrowings [1][2]. Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of 5.25% Senior Notes due 2035, priced at 99.874% of their face value [1]. - Net proceeds from the offering are expected to be approximately $495 million after deducting underwriting fees and estimated expenses [1]. - The offering is being managed by BofA Securities, J.P. Morgan, PNC Capital Markets LLC, and Truist Securities [2]. Group 2: Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, and disposal services, serving around nine million customers across 46 U.S. states and six Canadian provinces [4]. - The company also engages in resource recovery through recycling and renewable fuels generation, and offers non-hazardous oilfield waste treatment services [4]. - Waste Connections emphasizes its Environmental, Social, and Governance (ESG) initiatives as essential to its long-term value creation strategy [4].
Billionaire Jamie Dimon Still Believes America Is Worth Investing In, Despite Trump Tariffs and Market Fluctuations. Should You Buy These 3 U.S. Stocks in 2025?
The Motley Fool· 2025-05-22 08:04
On May 19, JPMorgan Chase had an investor-day presentation and billionaire CEO Jamie Dimon had a lot to say about the economy, global trade, and investing. And much of it sounded negative.During the presentation, Dimon brought up the subject of U.S. stagflation -- the dreaded combination of ongoing inflation and economic recession at the same time. Policymakers generally try to keep inflation low and economic growth high. When they intervene, it usually sacrifices one to benefit the other. But when both inf ...
WASTE CONNECTIONS ANNUAL SHAREHOLDERS MEETING RESULTS
Prnewswire· 2025-05-16 20:05
Core Points - Waste Connections, Inc. held its Annual Meeting of Shareholders where all eight director nominees were elected [1] - The voting results showed high approval rates for the nominees, with the highest being 99.17% for Cherlyn Harley LeBon and Carl D. Sparks [2] - Shareholders approved the compensation of named executive officers on a non-binding advisory basis and appointed Grant Thornton LLP as the independent registered public accounting firm for 2025 [3] Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, and disposal services, serving approximately nine million customers across 46 states in the U.S. and six provinces in Canada [5] - The company emphasizes its Environmental, Social, and Governance (ESG) efforts as integral to its business, focusing on long-term value creation, emissions reduction, and resource recovery [5]
Casella Waste Systems: Rating Downgrade As Valuation Has Already Priced In Near-Term Upside
Seeking Alpha· 2025-05-07 08:59
Core Viewpoint - The article provides an update on Casella Waste Systems (NASDAQ: CWST) following a previous recommendation to buy, emphasizing a positive outlook on EBITDA growth [1] Group 1: Investment Philosophy - The company adopts a fundamentals-based approach to value investing, focusing on long-term durability and affordability rather than merely low multiples [1] - There is a belief that successful investments carry risks, particularly the risk of overpaying, highlighting the importance of valuation [1] - The company is attracted to firms with steady long-term growth, no cyclicality, and strong balance sheets [1] Group 2: Market Perspective - The article suggests that in certain situations, the potential for growth can outweigh immediate price concerns, indicating a broader view on market dynamics [1]
Waste Connections Q1 Earnings Surpass Estimates, Revenues Rise Y/Y
ZACKS· 2025-05-01 17:05
Core Insights - Waste Connections, Inc. (WCN) reported strong first-quarter 2025 results, with earnings and revenues exceeding Zacks Consensus Estimates [1][2] - Despite the earnings beat, the stock price has not shown significant movement since the results were released on April 23 [1] Financial Performance - Adjusted earnings per share were $1.13, surpassing the Zacks Consensus Estimate by 5.6% and increasing 8.7% year over year [2] - Revenues reached $2.2 billion, slightly beating consensus estimates and growing 7.5% from the previous year [2] - The stock has appreciated 11.6% over the past six months, outperforming the industry’s 5.5% increase and the S&P 500’s 1.8% decline [2] Segment Performance - Solid Waste Collection segment revenues grew 7% year over year to $1.6 billion, exceeding estimates [3] - Solid Waste Disposal and Transfer segment revenues increased marginally to $658 million but fell short of projections [3] - Solid Waste Recycling segment revenues surged 25.1% year over year to $61.3 million, beating estimates [4] - Intermodal and Other segment revenues rose 54% to $150.9 million, significantly surpassing projections [4] - E&P Waste Treatment, Recovery and Disposal segment revenues declined 6% to $46.5 million, missing estimates [4] Operating Results - Adjusted EBITDA for the quarter was $712.2 million, up 9.5% year over year, with an adjusted EBITDA margin of 32%, an increase of 60 basis points [5] - Operating income was $390.2 million, compared to $366.8 million in the previous year [5] Balance Sheet & Cash Flow - Cash and cash equivalents at the end of the quarter were $111.2 million, up from $62.4 million in the previous quarter [6] - Long-term debt increased to $8.4 billion from $6.7 billion [6] - Cash generated from operating activities was $541.5 million, with adjusted free cash flow of $332.1 million [7] - Capital expenditures totaled $212.5 million, and dividends paid amounted to $81.5 million [7] Outlook - For Q2 2025, Waste Connections anticipates revenues between $2.37 billion and $2.40 billion, with a consensus estimate of $2.40 billion [8] - Expected adjusted EBITDA for Q2 is between $777 million and $785 million, with an anticipated EBITDA margin of 32.7% [8]
WM Earnings Beat Estimates in Q1, Revenues Appreciate 17% Y/Y
ZACKS· 2025-04-29 17:25
WM (WM) reported mixed first-quarter 2025 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.WM’s quarterly adjusted earnings of $1.67 per share surpassed the consensus mark by 1.2% but declined 4.6% year over year. Total revenues of $6 billion missed the consensus mark by a 1.3% margin but grew 16.7% from the year-ago quarter.The stock has gained 7.4% in the past six months, outperforming 3.6% growth of its industry and the 4.1% decline of the Zacks S&P 500 Composite. ...
Waste Connections (WCN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-24 16:00
For the quarter ended March 2025, Waste Connections (WCN) reported revenue of $2.23 billion, up 7.5% over the same period last year. EPS came in at $1.13, compared to $1.04 in the year-ago quarter.The reported revenue represents a surprise of +0.42% over the Zacks Consensus Estimate of $2.22 billion. With the consensus EPS estimate being $1.07, the EPS surprise was +5.61%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
WASTE CONNECTIONS REPORTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-04-23 20:05
Core Insights - Waste Connections reported strong financial results for Q1 2025, driven by price-led organic solid waste growth and continued acquisition activity, resulting in a revenue of $2.228 billion, a 7.5% increase year-over-year [3][9] - The company achieved an adjusted EBITDA margin of 32.0%, reflecting a 60 basis point improvement compared to the previous year, and adjusted net income increased to $293.1 million, or $1.13 per diluted share [4][9] - The company continues to focus on acquisitions, with annualized revenues from acquisitions exceeding $125 million, including a new recycling facility in New Jersey [2][9] Financial Performance - Revenue for Q1 2025 was $2.228 billion, up from $2.073 billion in Q1 2024 [3] - Operating income increased to $390.2 million from $366.8 million year-over-year, with net income rising to $241.5 million, or $0.93 per diluted share [3][4] - Adjusted EBITDA for the quarter was $712.2 million, compared to $650.7 million in the prior year [4][9] Operational Highlights - Core solid waste pricing increased by 6.9%, despite facing volume weakness due to adverse weather conditions [2][15] - Employee retention improved for the tenth consecutive quarter, and the company achieved record safety performance during the period [2] - The company reported net cash provided by operating activities of $541.5 million and adjusted free cash flow of $332.1 million [9][23] Acquisition Strategy - Waste Connections has maintained a robust acquisition strategy, with over $125 million in annualized revenue from acquisitions completed to date [2][9] - The company continues to leverage its strong financial position and free cash flow generation to pursue above-average acquisition activity in 2025 [2] Market Position - Waste Connections serves approximately nine million customers across 46 states in the U.S. and six provinces in Canada, focusing on non-hazardous waste services and resource recovery [7] - The company emphasizes its Environmental, Social, and Governance (ESG) initiatives as integral to its long-term value creation strategy [7]