Waste Connections (NYSE: WCN) reported Q2 EPS of $1.24, $0.07 better than the analyst estimate of $1.17. Revenue for the quarter came in at $2.25 billion versus the consensus estimate of $2.22 billion.

GUIDANCE:

Waste Connections sees FY2024 revenue of $8.85 billion, versus the consensus of $8.818 billion.

Net income is estimated to be approximately $1.087 billion, and adjusted EBITDA(b) is estimated to be approximately $2.900 billion, or about 32.8% of revenue, as compared to our original outlook for adjusted EBITDA(b) of $2.860 billion or 32.7% of revenue.
Capital expenditures are estimated to be approximately $1.150 billion, in line with our original outlook.
Net cash provided by operating activities is estimated to be approximately $2.337 billion, and adjusted free cash flow is estimated to be approximately $1.200 billion, in line with our original outlook.

For earnings history and earnings-related data on Waste Connections (WCN) click here.