Waste Connections

Waste Connections, Inc. engages in the provision of non-hazardous waste collection, transfer, and disposal services. It offers its services to residential, commercial, landfill and transfer stations, and industries such as office, apartments multi-family, construction and demolition, property management, retail, restaurant, and manufacturing. It operates through the following geographical segments: Eastern, Southern, Western, Central, and Canada. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Woodbridge, Canada.

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Waste Connections excels in Q4 2022, eyes sustainable growth amidst challenges

Waste Connections' exceptional performance in Q4 2022 showcased revenue growth, strong cash flow generation, and strategic investments in sustainability. Despite challenges from inflation and commodity headwinds, the company remains focused on operational excellence, pricing discipline, and capital allocation for sustained growth.

Waste Connections reports strong Q1 growth amidst operational challenges

Waste Connections (WCN) navigated Q1 challenges to achieve solid revenue growth and remains optimistic about future prospects.
The company's focus on sustainability projects, decentralized model, and disciplined pricing approach position it for long-term success.
Despite operational hurdles and industry challenges, Waste Connections is confident in its ability to drive growth and manage cash flows effectively.
Investor interest remains high as Waste Connections looks to capitalize on opportunities for expansion and strategic acquisitions.

Waste Connections (WCN) beats Q2 expectations, eyes strategic growth opportunities

Waste Connections (WCN) reported a robust Q2 performance, exceeding revenue and EBITDA expectations, driven by core pricing growth and margin expansion. The company's focus on safety, acquisitions, and disciplined capital allocation positions it well for future growth. Challenges in labor turnover and maintenance costs require attention, while opportunities in strategic M&A and sustainability initiatives offer avenues for expansion.

Waste Connections (WCN) surpasses Q3 expectations amidst operational improvements

Waste Connections (WCN) delivered strong financial results in Q3, with revenue and adjusted EBITDA exceeding expectations, despite facing unforeseen headwinds.
The company's focus on sustainability, shareholder returns, and operational efficiency positions it well for future growth and value creation.
Challenges related to evolving landfill situations, wage increases, and market conditions require strategic management and operational agility.
Opportunities lie in driving growth through acquisitions, cost-saving initiatives, and optimizing operational performance to capitalize on market dynamics.

Waste Connections excels in 2023, eyes growth and margin expansion

Waste Connections delivered strong financial performance in 2023, with a positive outlook for 2024. Margins are expected to expand, driven by operational improvements and strategic initiatives. The company remains focused on growth, operational efficiency, and shareholder returns.

Waste Connections excels in Q1 2024, eyes growth amid challenges

Waste Connections delivered a strong Q1 performance with improved margins and employee retention, despite volume challenges from extreme weather. The company's focus on employee development, renewable energy projects, and strategic acquisitions positions it for future growth. Challenges include weather impacts and potential transportation sector volatility, while opportunities lie in M&A expansion and operational improvements.

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Waste Connections, Inc. engages in the provision of non-hazardous waste collection, transfer, and disposal services. The firm offers its services to residential, commercial, landfill and transfer stations, and industries such as office, apartments multi-family, construction and demolition, property management, retail, restaurant, and manufacturing. It operates through the following geographical segments: Western, Southern, Central, Eastern, Canada, and MidSouth. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Woodbridge, Canada.

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Waste Connections (WCN) is benefiting from acquisitions, operating efficiency and an increase in prices charged to customers.

Waste Connections (WCN) Gains 27% in a Year: Here's How

Waste Connections (WCN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Waste Connections, Inc. (WCN) Hits Fresh High: Is There Still Room to Run?

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TORONTO , Feb. 20, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that Carl D. Sparks has been appointed to its Board of Directors, effective March 1, 2024.

WASTE CONNECTIONS APPOINTS CARL D. SPARKS TO ITS BOARD OF DIRECTORS

TORONTO , Feb. 15, 2024 /PRNewswire/ -- Following the previous announcement of the launch of a senior notes offering, Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") announced today that it has priced an underwritten public offering (the "Offering") of $750 million aggregate principal amount of its 5.000% Senior Notes due 2034 (the "Notes") at a price to the public of 98.835% of their face value. The Offering is expected to close on February 21, 2024, subject to customary closing conditions.

WASTE CONNECTIONS ANNOUNCES PRICING OF $750 MILLION OF SENIOR NOTES

Earnings and revenues of Waste Connection (WCN) grow year over year in the fourth quarter of 2023.

Waste Connection (WCN) Beats Q4 Earnings and Revenue Estimates

Although the revenue and EPS for Waste Connections (WCN) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Waste Connections (WCN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Waste Connections, Inc. (WCN) Q4 2023 Earnings Call Transcript

Waste Connections (WCN) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.89 per share a year ago.

Waste Connections (WCN) Q4 Earnings and Revenues Top Estimates

Fourth Quarter Highlights Revenue of $2.036 billion, up 8.9% year over year Net income(a) of $126.8 million, and adjusted EBITDA(b) of $656.0 million, up 16.4% year over year Adjusted EBITDA(b) margin of 32.2% of revenue, up 200 basis points year over year Momentum from accelerating margin expansion and acquisition activity sets up 2024 for outsized growth Full Year 2023 Highlights Revenue of $8.022 billion, up 11.2% year over year Net income of $762.8 million, and adjusted net income(b) of $1.081 billion Adjusted EBITDA(b) of $2.523 billion, up 13.6%, and 31.5% of revenue, up 70 basis points year over year Net cash provided by operating activities of $2.127 billion and adjusted free cash flow(b) of $1.224 billion Completes acquisitions with approximately $215 million of total annualized revenue in 2023 Expectations for 2024 Adjusted EBITDA growth of over 13% Outsized adjusted EBITDA(b) margin expansion of 120 basis points, or 32.7% Revenue contribution of approximately 4% from acquisitions already completed Additional acquisitions, further increases in values for recovered commodities or reduction of inflationary pressures to provide upside to 2024 outlook   TORONTO , Feb. 13, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the fourth quarter of 2023 and outlook for 2024.    "Adjusted EBITDA(b) margin expansion of 200 basis points in Q4 capped off a remarkable year for Waste Connections, driven by solid execution and continued improvement in operating trends.

WASTE CONNECTIONS REPORTS FOURTH QUARTER 2023 RESULTS AND PROVIDES 2024 OUTLOOK

Beyond analysts' top -and-bottom-line estimates for Waste Connections (WCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

What Analyst Projections for Key Metrics Reveal About Waste Connections (WCN) Q4 Earnings

Waste Connections (WCN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Waste Connections (WCN) Keep the Earnings Surprise Streak Alive?

TORONTO , Feb. 1, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or "the Company") today announced the closing of the previously announced acquisition of the Secure Energy Services Inc. (TSX: SES) ("Secure") portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion.  The transaction received Canadian Competition Bureau consent on January 30, 2024.

WASTE CONNECTIONS ANNOUNCES CLOSING OF ACQUISITION OF SECURE ENERGY WASTE DIVESTITURES IN WESTERN CANADA

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Investors interested in stocks from the Waste Removal Services sector have probably already heard of Stericycle (SRCL) and Waste Connections (WCN). But which of these two stocks is more attractive to value investors?

SRCL vs. WCN: Which Stock Should Value Investors Buy Now?

Waste Connections (WCN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Waste Connections (WCN) Upgraded to Buy: Here's What You Should Know

Waste Connections (WCN) targets rural markets for growth, focuses on acquisitions and rewards shareholders. However, risks include liquidity decline and operational challenges.

Waste Connections (WCN) Gains From Buyouts Amid Low Liquidity

Waste Connections has a strong track record of M&A and has been one of the best-performing stocks on the TSX. The waste management industry is recession-resilient, making WCN a stable and essential business. The company has potential for margin improvement and substantial potential for future growth ahead.

Waste Connections: Why You Should Pay Up For This Compounder

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Investors with an interest in Waste Removal Services stocks have likely encountered both Stericycle (SRCL) and Waste Connections (WCN). But which of these two stocks presents investors with the better value opportunity right now?

SRCL or WCN: Which Is the Better Value Stock Right Now?

TORONTO , Jan. 8, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the fourth quarter of 2023 after the close of the stock market on February 13, 2024. The Company will be hosting an investor conference call related to this release on February 14 th at 8:30 A.M.

WASTE CONNECTIONS ANNOUNCES DATES FOR FOURTH QUARTER 2023 EARNINGS RELEASE AND 2024 OUTLOOK

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TORONTO , Dec. 11, 2023 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its subsidiary, Waste Connections of Canada Inc., has entered into an agreement with Secure Energy Services Inc. (TSX: SES) ("Secure") to acquire a portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion plus certain adjustments as provided in the definitive purchase agreement. The assets to be acquired by the Company include 18 treatment, recovery and disposal facilities; six landfills; four saltwater disposal injection wells; and two disposal caverns and represent all of the required divestitures as mandated by the Canadian Competition Tribunal following Secure's 2021 merger with Tervita Corporation.

WASTE CONNECTIONS ANNOUNCES AGREEMENT TO ACQUIRE SECURE ENERGY'S WASTE DISPOSAL-CENTRIC ASSET DIVESTITURES IN WESTERN CANADA

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Waste Connections (WCN) is a Top-Ranked Growth Stock: Should You Buy?

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News for Waste Connections Stock (WCN)