Waste Connections (WCN) Tops Q2 EPS by 4c; Raises Outlook
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Waste Connections Reports Second Quarter 2021 Results And Raises Full Year Outlook
August 4, 2021 4:05 PM EDTContinued momentum from higher solid waste pricing and volumes, along with tailwinds from higher recovered commodity values, drive outsized results and increased full year outlook Revenue of $1.534 billion, up 17.5% year over year Reports 11.4% solid waste price + volume growth, exceeding outlook Net income(a) of $177.0 million, and adjusted EBITDA(b) of $484.9 million, or 31.6% of revenue, exceeding outlook and up 140 basis points year over year Net income and adjusted net income(b) of $0.68 and $0.81 per share, respectively Year to date net cash provided by... More
