earnings
confidence high
sentiment positive
materiality 0.75
Waste Connections beats Q2 estimates, raises full-year 2024 outlook
Waste Connections, Inc.
2024-Q2 EPS reported
$1.96
revenue$4,320,819,000
- Q2 revenue $2.248B (+11.2% YoY); adjusted EBITDA $731.8M (+16.4%), margin 32.6%.
- Net income $275.5M ($1.07 diluted EPS); adjusted EPS $1.24 vs $1.02 prior year.
- Full-year outlook raised: revenue ~$8.850B, adjusted EBITDA ~$2.900B (32.8% margin).
- Year-to-date acquisitions closed with >$500M annualized revenue; $150M under definitive agreement.