Waste Connections: Q1 Earnings Snapshot
By AP News
Published - Apr 24, 2024, 04:18 PM ET
Last Updated - Apr 24, 2024, 04:18 PM EDT
ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Waste Connections Inc. (WCN) on Wednesday reported first-quarter profit of $230.1 million.
On a per-share basis, the Ontario, Ontario-based company said it had net income of 89 cents. Earnings, adjusted for non-recurring costs, were $1.04 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The solid waste services provider posted revenue of $2.07 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $2.05 billion.
