Waste Connections (WCN) Tops Q3 EPS by 4c
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Waste Connections Reports Third Quarter 2021 Results And Raises Full Year Outlook
October 27, 2021 4:05 PM EDTStrong execution, accelerating solid waste pricing growth and continued strength in both resource recovery values and acquisition activity again drive outsized results and increased full year outlook Revenue of $1.597 billion, up 14.9% year over year, exceeding outlook Reports organic growth of 11.3%, including 7.3% solid waste price + volume growth, exceeding outlook Net income(a) of $114.4 million, and adjusted EBITDA(b) of $505.6 million, or 31.7% of revenue, up sequentially from Q2 and up 60 basis points year over year Net income and adjusted net income(b) of $0.44 and $0.89 per... More
