Waste Connections (WCN) Tops Q1 EPS by 4c, Revenues Beat
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Waste Connections Reports First Quarter 2021 Results
April 28, 2021 4:05 PM EDT-Â Strong solid waste pricing growth, accelerating solid waste volumes and increased resource recovery values drive better than expected Q1 results, an expected 10% solid waste price plus volume growth in Q2, and improving outlook for 2021
-Â Revenue of $1.396 billion, exceeding outlook
-Â Net income(a)Â of $160.3 million, and adjusted EBITDA(b) of $433.2 million, or 31.0% of revenue, exceeding outlook and up 80 basis points year over year
-Â Net income and adjusted net income(b)Â of $0.61 and $0.70 per share, respectively
-Â Net cash provided by operating activities of $400.4 million and... More
