Waste Connections Q3 revenue $1.88B beats; raises FY22 revenue and EBITDA guidance

Waste Connections, Inc.

2022-Q3 EPS reported $2.49 revenue$5,342,558,000

Revenue $1.880B (+17.7% YoY); adjusted EBITDA $588.1M (+16.3%); adjusted EPS $1.10 vs $0.89 YoY.
Solid waste pricing accelerated to 10.1% in Q3; overcame 50bps headwinds from recycled commodity declines.
Raised FY22 revenue outlook to ~$7.190B (from $7.125B) and adjusted EBITDA to ~$2.210B (30.7% margin).
Year to date signed/closed acquisitions with ~$570M annualized revenue; increased quarterly dividend by 10.9%.
Adjusted free cash flow YTD $929.0M (17.4% of revenue); FY22 capex unchanged at ~$850M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Waste Connections, Inc. reported third quarter of 2022 results: revenue $1.880 billion, net income $236.9 million, EPS $0.92 per share.

Period: third quarter of 2022
Revenue: $1.880 billion
Net income: $236.9 million
EPS: $0.92 per share
Result: reported results

Exact text from the filing

YEAR OUTLOOK - Increasing solid waste pricing growth, E&P waste activity and acquisition contribution once again drive better than expected quarterly results - Revenue of $1.880 billion, up 17.7% - Net income (a) of $236.9 million, and adjusted EBITDA (b) of $588.1 million, up 16.3% - Adjusted EBITDA (b) margin of 31.3% of revenue, above outlook and up 20 basis

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Waste Connections, Inc. reported 2022 results: revenue approximately $7.190 billion.

Period: 2022
Revenue: approximately $7.190 billion
Result: guidance update

Exact text from the filing

Revenue is estimated to be approximately $7.190 billion, as compared to our previously revised revenue outlook of approximately $

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

Waste Connections, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-22-015993

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.