Waste Connections projects Q2 revenue up to $2.4 billion

Investors and interested parties are reminded that this information is based on a press release statement and should consider the risks and uncertainties associated with forward-looking statements when making investment decisions. Current analyst consensus shows mixed sentiment, with five analysts recently revising their earnings expectations downward for the upcoming period, though the company maintains a strong track record with nine consecutive years of dividend increases. For comprehensive analysis and detailed valuation metrics, investors can access the full suite of tools and insights available on InvestingPro. Current analyst consensus shows mixed sentiment, with five analysts recently revising their earnings expectations downward for the upcoming period, though the company maintains a strong track record with nine consecutive years of dividend increases. For comprehensive analysis and detailed valuation metrics, investors can access the full suite of tools and insights available on InvestingPro.

Investors and interested parties are reminded that this information is based on a press release statement and should consider the risks and uncertainties associated with forward-looking statements when making investment decisions. Current analyst consensus shows mixed sentiment, with five analysts recently revising their earnings expectations downward for the upcoming period, though the company maintains a strong track record with nine consecutive years of dividend increases. For comprehensive analysis and detailed valuation metrics, investors can access the full suite of tools and insights available on InvestingPro.

The provided outlook assumes that current economic trends will continue without significant changes and does not account for the potential impact of any additional acquisitions or transaction-related expenses that may occur during the remainder of the quarter.

Waste Connections (NYSE:WCN) also presented a reconciliation of its adjusted EBITDA, a non-GAAP financial measure, to net income attributable to the company, which is a GAAP measure. The adjusted EBITDA includes adjustments for income tax provision, net interest expense, depreciation and depletion, amortization, and closure and post-closure accretion.

The company emphasized that adjusted EBITDA is a key performance and valuation measure used by management and investors in the solid waste industry. However, they also noted that this measure should be used in conjunction with GAAP financial measures and that other companies may calculate it differently.

The forward-looking statements provided by Waste Connections are based on management’s current expectations and beliefs regarding future events and are subject to risks and uncertainties that could cause actual results to differ materially.

This financial outlook is based on information furnished in the company’s Form 8-K filed with the Securities and Exchange Commission (SEC) and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section, nor is it deemed incorporated by reference in any filing under the Securities Act of 1933.

Investors and interested parties are reminded that this information is based on a press release statement and should consider the risks and uncertainties associated with forward-looking statements when making investment decisions.

In other recent news, Waste Connections reported first-quarter 2025 results that exceeded analyst expectations. The company posted adjusted earnings per share of $1.13, surpassing the analyst estimate of $1.08. Revenue for the quarter was $2.23 billion, slightly above the consensus estimate of $2.22 billion and up 7.5% from the same quarter last year. Waste Connections’ adjusted EBITDA reached $712.2 million, marking a 9.5% increase year-over-year, with an adjusted EBITDA margin expansion to 32.0%. The company attributed its strong performance to price-led organic solid waste growth and continued acquisition activity. Notably, Waste Connections completed acquisitions with annualized revenues exceeding $125 million, including a new recycling facility in New Jersey. The company also highlighted improvements in employee retention for the tenth consecutive quarter and record safety performance. Net cash provided by operating activities was $541.5 million, while adjusted free cash flow reached $332.1 million for the quarter. These developments position Waste Connections favorably for the remainder of the year, according to CEO Ronald J. Mittelstaedt.

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