Progressive Waste Solutions (BIN) Misses Q2 EPS by 1c; Trims FY15 EPS Outlook

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Progressive Waste Solutions Ltd. Reports Results for the Three and Six Months Ended June 30, 2015

July 30, 2015 6:31 AM EDT

TORONTO, ONTARIO -- (Marketwired) -- 07/30/15 -- Progressive Waste Solutions Ltd. (the "Company") (TSX: BIN)(NYSE: BIN) today reported its financial results for the three and six months ended June 30, 2015.

Second quarter highlights

-- Volume up 3.0% and price up 1.8%, assuming a foreign currency exchange ("FX") rate of parity ("FX parity"). -- Consolidated revenues of $493.0 million (net of divestitures), up 0.4% on a constant currency basis. -- Adjusted EBITDA(A) of $120.3 million, down (3.3%) on a constant currency basis, reflecting one-time costs related to the flooding in the West... More