earnings
confidence high
sentiment positive
materiality 0.85
Waste Connections Q3 revenue $2.34B (+13.3%); raises FY24 EBITDA outlook to $2.91B
Waste Connections, Inc.
2024-Q3 EPS reported
$3.15
revenue$6,659,308,000
- Q3 revenue $2.338B (+13.3% YoY); adjusted EBITDA $787.4M (+17.3%), margin 33.7% (+120 bps).
- Adjusted EPS $1.35 (up from $1.17); GAAP EPS $1.19.
- FY24 revenue outlook raised to $8.9B (+$150M); adjusted EBITDA to $2.91B (+$50M).
- Increased regular quarterly dividend by 10.5%.
- On track for >$700M in acquisition revenue; ~2% rollover into 2025.