Waste Connections Inc expected to post earnings of $1.14 a share - Earnings Preview

Waste Connections

23/10/2023 21:07

* Waste Connections Inc  WCN.TO   is expected to show a rise
in
quarterly revenue when it reports  results on October 25. 
    * The Woodbridge Ontario-based  company is expected to
report  a
9.9% increase in revenue to $2.066 billion from $1.88 billion a
year ago, according to the mean estimate from 12 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Waste Connections
Inc is
for earnings of $1.14 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Waste
Connections
Inc is $164.79​, below​ its last closing price of C$187.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.89        0.89       0.89      Met     0.5​
 Sep. 30 2022  1.02        1.02       1.10      Beat    7.4
 ​​Jun.        0.95        0.95       1.00      Beat    5.1
 30 2022                                                
 Mar. 31 2022  0.83        0.83       0.82      Missed  -0.9​
 Dec. 31 2021  0.82        0.82       0.83      Beat    1
 Sep. 30 2021  0.85        0.85       0.89      Beat    4.6
 This summary was machine generated October 23 at 20:07 GMT.  All
figures in US dollars  unless otherwise stated