Progressive Waste Solutions (BIN) Tops Q3 EPS by 6c
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Progressive Waste Solutions Ltd. Reports Results for the Three and Nine Months Ended September 30, 2015
October 30, 2015 6:31 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 10/30/15 -- Progressive Waste Solutions Ltd. (the "Company") (NYSE: BIN) (TSX: BIN) today reported its financial results for the three and nine months ended September 30, 2015.
Third quarter highlights
-- Volume up 2.1% and price up 1.7%, assuming a foreign currency exchange ("FX") rate of parity ("FX parity"). -- Consolidated revenues of $488.5 million (net of divestitures), up 0.3% on a constant currency basis and up 2.3% removing impact of net divestitures. -- Adjusted EBITDA(A) of $127.2 million, down (1.3%) on a constant currency basis, reflecting higher-than-anticipated labor and... More