Waste Connections Inc expected to post earnings of $1.00 a share - Earnings Preview

Waste Connections

22/04/2024 21:37

* Waste Connections Inc  WCN.TO   is expected to show a rise
in
quarterly revenue when it reports  results on April 24 for the
period ending March 31 2024
    * The Woodbridge Ontario-based  company is expected to
report a
8.0% increase in revenue to $2.052 billion from $1.9 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Waste Connections Inc is
for
earnings of $1.00 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Waste
Connections
Inc is $180.36​, below​ its last closing price of C$226.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.09        1.09       1.11      Beat    2.3
 Sep. 30 2023  1.14        1.14       1.17      Beat    2.3
 Jun. 30 2023  1.02        1.01       1.02      Beat    0.6​
 Mar. 31 2023  0.88        0.88       0.89      Beat    1.1
 ​​Dec.        0.89        0.89       0.89      Met     0.5
 31 2022                                                
 Sep. 30 2022  1.02        1.02       1.10      Beat    7.4​
 Jun. 30 2022  0.95        0.95       1.00      Beat    5.1
 Mar. 31 2022  0.83        0.83       0.82      Missed  -0.9
 This summary was machine generated April 22 at 20:37 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)