earnings
confidence high
sentiment positive
materiality 0.65
Waste Connections issues Q3 2023 guidance: revenue ~$2.06B, adj. EBITDA 32.5%
Waste Connections, Inc.
2023-Q2 EPS reported
$1.58
revenue$3,921,598,000
- Q3 2023 revenue estimated at ~$2.060B; core price ~9%, total price+volume 5.5-6.0%.
- Net income attributable to Waste Connections estimated at ~$260.5M.
- Adjusted EBITDA estimated at ~$670M, or 32.5% of revenue.
- Depreciation and depletion ~$217.5M (10.6% of revenue); amortization ~$39.5M.
- Effective tax rate ~23.5%; net interest expense ~$68M.