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.

TORONTO , Jan. 10, 2025 /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 2024 and outlook for the full year 2025 after the close of the stock market on February 12, 2025.  The Company will be hosting an investor conference call related to this release on February 13 th at 8:30 A.M.

WASTE CONNECTIONS ANNOUNCES DATES FOR FOURTH QUARTER 2024 EARNINGS RELEASE AND 2025 OUTLOOK

Waste Connections, Inc. is rated a Strong Buy due to its steady price growth, strong fundamentals, and effective management strategy. WCN's competitive advantage lies in targeting less competitive markets and maintaining solid net margins comparable to larger competitors. Q3-2025 earnings beat estimates, showing strong revenue growth and increased EBITDA margins, reinforcing the company's growth trajectory.

Pricey, But Waste Connections Still A Good Deal

The WCN stock gains from the expansion into geographically contiguous markets using its low overhead and efficient operational structure.

Waste Connections Benefit From Acquisitions Amid Low Liquidity

Republic Services

Waste Management

The Zacks Waste Removal Services industry is anticipated to gain from the surging need for ESG Goals, technological advancements and innovation in WTE technology. RSG, WCN and WM are positioned to benefit from rising demands.

Here are 3 Waste Removal Services Stocks to Watch Amid Industry Woes

WCN thrives on strategic acquisitions, optimal asset positioning, environmental trends and consistent shareholder rewards.

Reasons to Retain Waste Connections Stock in Your Portfolio Now

WCN benefits from acquisitions, operating efficiency and increased prices charged to customers.

Waste Connections Gains 30% in a Year: Here's What You Should Know

Waste Connections (WCN) reported earnings 30 days ago. What's next for the stock?

Waste Connections (WCN) Up 5.9% Since Last Earnings Report: Can It Continue?

CANONSBURG, Pa.--(BUSINESS WIRE)--Vision RNG LLC has signed an RNG agreement with L.P. Gill, Inc, for a Nebraska project converting landfill gas into RNG for sustainable uses.

Vision RNG Announces Renewable Natural Gas Agreement at Waste Connections Landfill in Nebraska

DENVER--(BUSINESS WIRE)-- #AI--AMP Robotics Corp. (“AMP”), a leading provider of artificial intelligence (AI)-powered sortation at scale for the waste and recycling industry, has entered into an agreement with Waste Connections, Inc. (TSX/NYSE: WCN) to equip and operate one of Waste Connections' greenfield, next-generation recycling facilities. Located in Commerce City, Colorado, the facility will be commissioned in early 2026. The Waste Connections facility will feature an AMP ONE™ system and levera.

AMP to Operate Waste Connections Recycling Facility with AI-Powered Sortation Technology

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All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.

16 Upcoming Dividend Increases

WCN witnesses significant increases across its segments' revenues in the third quarter of 2024.

Waste Connections Shares Decline 3% Despite Q3 Earnings Beat

TORONTO , Oct. 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today released its 2024 Sustainability Report – Connecting with the Sustainable Future. The report demonstrates progress toward the Company's aspirational ESG targets and sustainability-related objectives.

WASTE CONNECTIONS DEMONSTRATES PROGRESS TOWARDS ESG GOALS IN UPDATED 2024 SUSTAINABILITY REPORT

Waste Connections, Inc. (NYSE:WCN ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ron Mittelstaedt - President & Chief Executive Officer Mary Anne Whitney - Executive Vice President & Chief Financial Officer Conference Call Participants Kevin Chiang - CIBC Noah Kaye - Oppenheimer Adam Bubes - Goldman Sachs Tyler Brown - Raymond James Konark Gupta - Scotiabank Chris Murray - ATB Capital Markets James Schumm - TD Cowen Sabahat Khan - RBC Capital Markets Stephanie Yee - JPMorgan James Somerville - Eight Capital Brian Butler - Stifel Jasper Bibb - Truist Securities Operator Good day, and welcome to the Waste Connections Inc. Q3 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Waste Connections, Inc. (WCN) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Waste Connections (WCN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Waste Connections (WCN) Reports Q3 Earnings: What Key Metrics Have to Say

Waste Connections (WCN) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.17 per share a year ago.

Waste Connections (WCN) Q3 Earnings and Revenues Surpass Estimates

TORONTO , Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend on the Company's common shares and approved a 10.5% increase in the dividend. The regular quarterly cash dividend, which increases to $0.315 U.S. per common share of the Company from $0.285 U.S. per common share of the Company, will be paid on November 21, 2024 to shareholders of record on the close of business on November 7, 2024.

WASTE CONNECTIONS ANNOUNCES 10.5% INCREASE IN QUARTERLY DIVIDEND

Better than expected third quarter results drive further increases to full year 2024 outlook Revenue of $2.338 billion, up 13.3% year over year Net income(a) of $308.0 million, and adjusted EBITDA(b) of $787.4 million, up 17.3% year over year Adjusted EBITDA(b) margin of 33.7%, up 120 basis points year over year Net income of $1.19 per share, and adjusted net income(b) of $1.35 per share Year to date net cash provided by operating activities of $1.660 billion and adjusted free cash flow(b) of $1.044 billion Increased regular quarterly dividend by 10.5% On pace for acquisitions totaling over $700 million in annualized revenue, with an estimated rollover revenue contribution in 2025 of approximately 2% Increased full year 2024 outlook to $8.9 billion of revenue, up $150 million from original outlook, with net income of $1.082 billion and adjusted EBITDA(b) of $2.91 billion, up $50 million from original outlook TORONTO , Oct. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the third quarter of 2024.    "We are extremely pleased by the strength of our operating and financial results in the period, positioning for another increase to our full year 2024 outlook, with momentum as we look ahead to 2025.

WASTE CONNECTIONS REPORTS THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Waste Connections (WCN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Unveiling Waste Connections (WCN) Q3 Outlook: Wall Street Estimates for Key Metrics

TORONTO , Sept. 23, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the third quarter of 2024 after the close of the stock market on October 23, 2024.

WASTE CONNECTIONS ANNOUNCES DATES FOR THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

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Why Waste Connections (WCN) is a Top Growth Stock for the Long-Term

I reiterate a 'Buy' rating for Waste Connections, with a fair value of $200 per share, due to strong margin expansion and pricing growth. Waste Connections reported 11.2% revenue growth and 16.4% EBITDA increase, driven by terminating lower-margin contracts and optimizing cost structures. The company has a robust M&A pipeline, expecting $700 million additional revenue in FY24, with $1.5 billion already spent on acquisitions this year.

Waste Connections: Waste Margin Improved 80-90bps

Why Is Waste Connections (WCN) Up 5.1% Since Last Earnings Report?

Waste Connections (WCN) gains from a decentralized operational structure and acquisitions.

Acquisitions Aid Waste Connections (WCN) Amid Low Liquidity

TORONTO , Aug. 8, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it has received approval from the Toronto Stock Exchange (the "TSX") for the annual renewal of its normal course issuer bid (the "NCIB"). The renewal will follow on the conclusion of the Company's current NCIB expiring August 9, 2024.

WASTE CONNECTIONS RENEWS NORMAL COURSE ISSUER BID FOR SHARE REPURCHASES

Hold rating recommended for Waste Connections stock due to near-term upsides already priced in. Positive outlook on high-single-digit topline growth and EBITDA margin expansion. Execution on labour management has been very positive so far, and this should easily drive another 100bps of margin expansion.

News for Waste Connections Stock (WCN)