Waste Connections Reports Second Quarter 2018 Results And Raises Full Year Outlook

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Waste Connections Inc. (WCN) PT Raised to $84 at RBC Capital

July 26, 2018 8:47 AM EDT

RBC Capital raised its price target on Waste Connections Inc. (NYSE: WCN) to $84.00 (from $82.00) while maintaining a Outperform rating.

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Waste Connections (WCN) Tops Q2 EPS by 3c, Revenues Beat; Boosts FY18 Revenue Outlook

July 24, 2018 4:09 PM EDT

Waste Connections (NYSE: WCN) reported Q2 EPS of $0.65, $0.03 better than the analyst estimate of $0.62. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.23 billion.

Revenue of $1.240 billion, exceeding outlookNet income attributable to Waste Connections of $138.7 million, or $0.52 per shareAdjusted net income attributable to Waste Connections* of $172.3 million, or $0.65 per share, up 18.2%Adjusted EBITDA* of $395.5 million, or 31.9% of revenueYTD net cash provided by operating activities of $664.9 millionYTD adjusted free cash flow* of $472.7 million, or 19.9% of revenueCompletes previously announced acquisitions, bringing YTD acquired... More