Waste Connections: Q1 Earnings Snapshot

ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Waste Connections Inc. (WCN) on Wednesday reported first-quarter profit of $230.1 million.

On a per-share basis, the Ontario, Ontario-based company said it had net income of 89 cents. Earnings, adjusted for non-recurring costs, were $1.04 per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The solid waste services provider posted revenue of $2.07 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $2.05 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WCN at https://www.zacks.com/ap/WCN

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up