Waste Connections Reports Fourth Quarter Results And Provides 2020 Outlook
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Waste Connections Inc. (WCN) PT Raised to $111 at RBC Capital
February 13, 2020 11:45 AM ESTRBC Capital analyst Derek Spronck raised the price target on Waste Connections Inc. (NYSE: WCN) to $111.00 (from $100.00) while maintaining a Outperform rating.
Solid end to the year sets the table for a strong 2020... MoreWaste Connections (WCN) Tops Q4 EPS by 7c, Revenues Beat; Offers FY20 Revenue Outlook Below Consensus
February 12, 2020 4:13 PM ESTWaste Connections (NYSE: WCN) reported Q4 EPS of $0.69, $0.07 better than the analyst estimate of $0.62. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.34 billion.
"2019 ended on a high note, as financial results for the fourth quarter exceeded expectations on better than expected solid waste price growth, E&P waste activity and acquisition contribution. We are also extremely pleased with our results for the full year, as underlying adjusted EBITDA* margins in solid waste collection, transfer and disposal expanded by 50 basis points.... More
