8-K
filed February 15, 2023, 6:59 PM ET
ticker WCN
CIK 0001318220
earnings
confidence high
sentiment positive
materiality 0.80
Waste Connections Q4 revenue $1.869B, adj. EBITDA $563.6M; guides 2023 rev ~$8.05B
Waste Connections, Inc.
2022-FY EPS reported
$3.24
revenue$7,211,859,000
- Q4 revenue $1.869B, net income $194.4M ($0.75/sh), adjusted net income $0.89/sh.
- Full year 2022 revenue $7.212B (+17.2%), adj. EBITDA $2.221B (+15.7%), adj. free cash flow $1.165B.
- 2023 outlook: revenue ~$8.05B (+11.6%), adj. EBITDA ~$2.50B (31.1% margin), adj. free cash flow ~$1.225B.
- Acquisitions closed in 2022 with ~$640M annualized revenue; provides 5% acquisition contribution in 2023.
- Over 10% solid waste pricing offset inflationary pressures and commodity headwinds, expanding margin.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Waste Connections, Inc. reported Q4 2022 results: revenue $1.869 billion, net income $194.4 million, EPS $0.75 per share.
- Period
- Q4 2022
- Revenue
- $1.869 billion
- Net income
- $194.4 million
- EPS
- $0.75 per share
- Result
- reported results
Exact text from the filing
Revenue in the fourth quarter totaled $1.869 billion, up from $1.624 billion in the year ago period. Operating income was $312.0 million, which included $4.7 million primarily in transaction-related expenses. This compares to operating income of $249.3 million in the fourth quarter of 2021, which included $28.4 million primarily related to impairments and other transaction-related expenses. Net income in the fourth quarter was $194.4 million, or $0.75 per share on a diluted basis of 258.0 million shares.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Waste Connections, Inc. reported 2023 Outlook results: revenue $8.05 billion, net income $961 million. Guidance initiated.
- Period
- 2023 Outlook
- Revenue
- $8.05 billion
- Net income
- $961 million
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Revenue of approximately $8.05 billion, up 11.6% - Net income of approximately $961 million and adjusted EBITDA (b) of approximately $2.50 billion, or about 31.1% of revenue
View on SEC.gov
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.