Waste Connections, Inc. (NYSE: WCN ) is a leading provider of garbage collection, disposal, and recycling services in both the United States and Canada. The company provides these services to commercial and residential customers, along with industrial and construction roll-off services. Beyond the coreI have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a ...

TORONTO, Jan. 10, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the fourth quarter of 2024 and outlook for the full year 2025 after the close of the stock market on February 12, 2025.  The Company will be hosting an investor conference call related to this release on February 13th at 8:30 A.M. Eastern Time. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTI ...

Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned Bachelor of Arts and Master of Business Administration (MBA) degrees.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the co ...

Waste Connections, Inc. (WCN) stock has had an impressive run in the past year. Shares of the company have gained 17.8%, outperforming the industry by 16.2% while underperforming the Zacks S&P 500 composite by 27.7%, respectively.Six Months Price Performance Image Source: Zacks Investment Research Waste Connections reported solid third-quarter 2024 results. Adjusted earnings (excluding 16 cents from non-recurring items) of $1.4 per share surpassed the Zacks Consensus Estimate by 3.9% and increased 15.4% on ...

Waste Connections, Inc. (WCN) has had an impressive run over the past year. The stock has gained 24%, outperforming the industry’s 20% rally.The company has an expected long-term earnings per share (three to five years) growth rate of 12.4%. Earnings are expected to register year-over-year growth of 15.5% in 2024 and 12.2% in 2025.Factors That Augur Well for WCNBeing a leading player in the waste management industry, Waste Connections will likely benefit from ongoing trends such as increasing environmental ...

Waste Connections, Inc. (WCN) stock has rallied 29.5% over the past year. The company’s performance is being driven by healthy demand for services, acquisitions, operating efficiency and increased prices charged to customers.Waste Connections has been benefiting from trends such as rising environmental concerns, rapid industrialization and increased population. The company’s services usually cannot be delayed and are required on a scheduled basis, allowing it to achieve a steady flow of revenues, which grew ...

It has been about a month since the last earnings report for Waste Connections (WCN) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Waste Connections due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Waste Connections Beats on Q3 Earn ...

Waste Connections, Inc. (WCN) reported solid third-quarter 2024 results, wherein earnings and revenues outpaced the Zacks Consensus Estimates. See Zacks Earnings Calendar to stay ahead of market-making news. Better-than-expected earnings did not impress investors, as the WCN stock declined 2.5% since the release of results on Oct. 23. Waste Connections' adjusted earnings (excluding 16 cents from non-recurring items) of $1.4 per share surpassed the Zacks Consensus Estimate by 3.9% and increased 15.4% on a ye ...

业绩总结 - 2024年预计收入为88.50亿美元，同比增长828百万，增幅为10.3%[16] - 2024年预计调整后的EBITDA为29.00亿美元，同比增长377百万，增幅为14.9%[16] - 2024年调整后的EBITDA利润率为32.8%，同比提升130个基点[16] - 2023年上半年收入为43.21亿美元，同比增长400百万，增幅为10.2%[15] - 2023年上半年调整后的EBITDA为13.82亿美元，同比增长187百万，增幅为15.6%[15] - 2023年调整后的EBITDA占收入的比例为31.5%，预计2024年将提升至32.8%[18] - 2023年净收入为762,800千美元，2022年为835,662千美元，显示出下降趋势[18] 现金流与股东回报 - 2024年预计调整后的自由现金流为12.00亿美元，包括225百万的RNG和Chiquita相关支出[16] - 2023年调整后的自由现金流为1,224,132千美元，预计2024年将达到1,200,000千美元[20] - 2023年自由现金流占调整后EBITDA的比例为48.5%，预计2024年将降至41.4%[20] - 自2010年起，现金股息年均增长14%[14] - 过去10年总股东回报率为478%，是道琼斯废物指数的约1.9倍[7] 资本支出与费用 - 2023年资本支出为934,000千美元，较2022年有所增加[20] - 2023年利息支出为265,292千美元，较2022年增加[18] - 2023年折旧和摊销费用为1,003,211千美元，预计2024年将达到1,130,000千美元[18] 未来展望 - 预计从可再生天然气（RNG）投资中每年增加约2亿美元的EBITDA[8]

财务数据和关键指标变化 - 第三季度收入为23.38亿美元，同比增长274百万，增幅为13.3% [16] - 调整后的EBITDA为7.874亿美元，同比增长17.3%，EBITDA利润率为33.7%，同比上升120个基点 [19] - 净利息支出为8020万美元，债务与EBITDA比率为2.7倍，税率为23% [20] 各条业务线数据和关键指标变化 - 核心定价增长为6.8%，西部地区超过5%，竞争区域接近7.5% [16] - 特殊废物活动在西部地区同比增长20% [16] - 垃圾填埋吨数同比略有下降，但市政固体废物吨数上升5% [17] 各个市场数据和关键指标变化 - 东部地区的业务量有所改善，特别是在收购相关的市场 [16] - 新约克市的特许经营模式初步进展超出预期，预计将带来更高的增长和运营效率 [9] 公司战略和发展方向和行业竞争 - 公司在2024年预计将完成创纪录的私营公司收购，至今已签署或完成超过7亿美元的年化收入 [11] - 公司将继续专注于固体废物市场，保持市场选择策略和整合价值的记录 [11] - 预计2025年将实现高单数的调整后EBITDA增长，主要依赖于价格主导的有机增长和收购活动的贡献 [25] 管理层对经营环境和未来前景的评论 - 管理层对未来的经济环境持乐观态度，认为无论政治环境如何变化，公司都有能力应对 [75] - 预计2025年将继续实现高于平均水平的固体废物利润率扩张 [76] 其他重要信息 - 公司在可持续发展方面取得显著进展，排放强度减少40% [13] - 自2022年以来，自愿离职率下降超过40% [14] 问答环节所有提问和回答 问题: 关于特殊废物的客户活动是否与选举相关 - 管理层表示，特殊废物项目的提前完成与选举无关，而是由于项目延迟 [28] 问题: 关于Royal Waste交易的区域管理 - 管理层确认，收购Royal Waste后，管理区域的重叠使得公司仍然保持在15个区域的上限 [29] 问题: 关于RIN价格的未来预期 - 管理层指出，RIN作为商品存在不确定性，强调了采取对冲策略的重要性 [31] 问题: 关于成本通胀的看法 - 管理层表示，当前的成本通胀在4%到5%之间，工资通胀在高端，预计明年将继续保持价格与成本之间的较大差距 [33] 问题: 关于填埋气投资的进展 - 管理层提到，2024年将有四个新设施上线，但对2024年的影响有限，预计2025年会有更大贡献 [37] 问题: 关于员工流失率的变化 - 管理层表示，自愿流失率已降至13.5%至14%之间，目标是到2025年进一步降低 [60] 问题: 关于未来的收购计划 - 管理层确认，未来将继续专注于固体废物市场，预计收购活动将保持在150百万到250百万之间 [53] 问题: 关于选举对行业的潜在影响 - 管理层表示，无论选举结果如何，公司都有应对的计划，认为可能会带来不同的机会 [75]