Waste Connections (WCN) Tops Q3 EPS by 2c, Revenues Beat

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Waste Connections Reports Third Quarter 2018 Results

October 29, 2018 4:05 PM EDT

- Revenue of $1.281 billion, exceeding outlook

- Reports 4.5% solid waste price growth

- Net income attributable to Waste Connections of $150.8 million, or $0.57 per share

- Adjusted net income attributable to Waste Connections* of $181.9 million, or $0.69 per share, up 15.0%

- Adjusted EBITDA* of $416.8 million, or 32.5% of revenue

- YTD net cash provided by operating activities of $1.038 billion

- YTD adjusted free cash flow* of $675.7 million, or 18.5% of revenue

- Signs acquisition with approximately $175 million in annualized revenues

- Increases regular quarterly cash dividend by... More