Waste Connections Reports Fourth Quarter Results And Provides 2019 Outlook
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Waste Connections (WCN) Tops Q4 EPS by 3c, Revenues Miss; Offers FY19 Revenue Guidance Below Consensus
February 13, 2019 4:09 PM ESTWaste Connections (NYSE: WCN) reported Q4 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.23 billion.
"2018 finished on a high note, as financial results for the fourth quarter exceeded expectations on better than expected solid waste organic growth, E&P waste activity and acquisition contribution. We are also extremely pleased with our results for the full year as adjusted EBITDA* as a percent of revenue expanded 30 basis points, and adjusted free cash flow*... More
