Waste Connections: Waste Margin Improved 80-90bps [Seeking Alpha]
Waste Connections, Inc. Common Shares (WCN)
Last waste connections, inc. common shares earnings: 2/12 04:10 pm
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US:NYSE Investor Relations:
wasteconnections.investorroom.com
Company Research
Source: Seeking Alpha
Follow Summary I reiterate a 'Buy' rating for Waste Connections, with a fair value of $200 per share, due to strong margin expansion and pricing growth. Waste Connections reported 11.2% revenue growth and 16.4% EBITDA increase, driven by terminating lower-margin contracts and optimizing cost structures. The company has a robust M&A pipeline, expecting $700 million additional revenue in FY24, with $1.5 billion already spent on acquisitions this year. Despite potential cost increases from new EPA rules, Waste Connections maintains a strong balance sheet and prioritizes profitability over volume growth. AzmanL/E+ via Getty Images I updated my ‘Buy' thesis for Waste Connections ( NYSE: WCN ) in March 2024, pointing out their strong margin expansion and pricing growth. Waste Connections released their Q2 FY24 result on July 24 th , reporting 11.2% growth in revenue and 16.4% increase in EBITDA. As the company is terminating lower-margin contracts, I anticipate Waste Connecti
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WCN
News
- 3 Canadian Stocks You Can Confidently Buy Now and Hold Forever [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why Waste Connections (WCN) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- 2 TSX Gems to Buy as Bank of Canada Cuts Interest Rates [Yahoo! Finance Canada]Yahoo! Finance Canada
- Possible Bearish Signals With Waste Connections Insiders Disposing Stock [Yahoo! Finance]Yahoo! Finance
- Regulators say Chiquita Canyon has made ‘no meaningful improvement' to odors [Los Angeles Times (CA)]Los Angeles Times
WCN
Earnings
- 7/24/24 - Beat
WCN
Sec Filings
- 9/11/24 - Form 4
- 9/5/24 - Form 4
- 9/3/24 - Form 144
- WCN's page on the SEC website