Waste Connections (WCN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The WCN stock is benefiting from buyouts and shareholder-friendly policies.
WCN thrives on strategic acquisitions, optimal asset positioning, environmental trends and consistent shareholder rewards.
WCN's top line gains from improved segmental performances in the fourth quarter of 2024.
While the top- and bottom-line numbers for Waste Connections (WCN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Waste Connections, Inc. (NYSE:WCN ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Ron Mittelstaedt - President & Chief Executive Officer Mary Anne Whitney - Chief Financial Officer Conference Call Participants Tyler Brown - Raymond James Kevin Chiang - CIBC Toni Kaplan - Morgan Stanley Bryan Burgmeier - Citi Jerry Revich - Goldman Sachs Noah Kaye - Oppenheimer & Company Konark Gupta - Scotiabank Brian Butler - Stifel Tobey Sommer - Truist Operator Good morning, everyone, and welcome to the Waste Connections Inc. Q4 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Waste Connections (WCN) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.11 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Waste Connections (WCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Waste Connections (WCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Waste Connections (WCN) is a leading waste management provider in the U.S. and Canada, with a market cap of $45B and a CAGR of 18.23% since 2016. The company has grown revenue at 12% annually over the past decade, with recent years showing a rebound in gross profit margins close to 42%. Given its consistent revenue growth, improving gross margins, and reliable business model, WCN is a strong consideration for dividend-focused investors.
Waste Connections, Inc. is rated a Strong Buy due to its steady price growth, strong fundamentals, and effective management strategy. WCN's competitive advantage lies in targeting less competitive markets and maintaining solid net margins comparable to larger competitors. Q3-2025 earnings beat estimates, showing strong revenue growth and increased EBITDA margins, reinforcing the company's growth trajectory.
The WCN stock gains from the expansion into geographically contiguous markets using its low overhead and efficient operational structure.