Waste Connections Inc expected to post earnings of $1.30 a share - Earnings Preview

Waste Connections

21/10/2024 22:42

* Waste Connections Inc  WCN.TO   is expected to show a rise
in
quarterly revenue when it reports  results on October 23 for the
period ending January 1 0001
    * The Woodbridge Ontario-based  company is expected to
report a
11.2% increase in revenue to $2.296 billion from $2.06 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Waste Connections Inc is
for
earnings of $1.30 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Waste
Connections
Inc is 267.77​, above​ its last closing price of C$252.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.17        1.17       1.24      Beat    6
 Mar. 31 0001  1.00        1.00       1.04      Beat    3.9
 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.        1.02        1.01       1.02      Beat    0.6
 30 2023                                                
 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
 This summary was machine generated October 21 at 21:42 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)