Waste Connections Inc reports results for the quarter ended in December - Earnings Summary

Waste Connections

13/02/2024 23:37

* Waste Connections Inc  WCN.TO  reported quarterly adjusted
earnings of $1.11​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 89 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of $1.09 per
share. Wall Street expected results to range from $1.04 
to $1.12 per share.
    * Revenue rose 8.9% to $2.04 billion from a year ago;
analysts
expected $2.03 billion. 
    * Waste Connections Inc's reported EPS for the quarter was
49
cents​.
    * The company reported quarterly net income of $126.75
million.
    * Waste Connections Inc shares had risen by 4.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Waste
Connections
Inc is $164.79 

This summary was machine generated from LSEG data February 13 at
11:36 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.09           1.11           Beat
 Sep. 30 2023      1.14           1.17           Beat
 Jun. 30 2023      1.01           1.02           Beat
 Mar. 31 2023      0.88           0.89           Beat