Waste Connections (WCN) to Release Quarterly Earnings on Wednesday

Waste Connections (NYSE:WCN) is anticipated to post its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Waste Connections to post earnings of $1.07 per share and revenue of $2.22 billion for the quarter. Waste Connections has set its FY 2025 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Waste Connections (NYSE:WCN) last issued its earnings results on Wednesday, February 12th. The business services provider reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.04). Waste Connections had a return on equity of 15.54% and a net margin of 6.92%. On average, analysts expect Waste Connections to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Waste Connections Stock Performance

Shares of Waste Connections stock opened at $197.32 on Monday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.03. The stock’s fifty day moving average price is $190.18 and its 200-day moving average price is $184.41. The firm has a market cap of $50.98 billion, a P/E ratio of 82.56, a P/E/G ratio of 3.07 and a beta of 0.67. Waste Connections has a 12 month low of $160.34 and a 12 month high of $201.66.

Waste Connections Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 27th were given a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend was Thursday, February 27th. Waste Connections’s dividend payout ratio (DPR) is 52.72%.

Wall Street Analyst Weigh In

WCN has been the topic of a number of recent research reports. Truist Financial reiterated a “buy” rating and set a $210.00 price objective (up from $200.00) on shares of Waste Connections in a research note on Friday, February 14th. Jefferies Financial Group lowered their price target on Waste Connections from $225.00 to $210.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Scotiabank upped their target price on Waste Connections from $192.00 to $207.00 and gave the company a “sector perform” rating in a research report on Tuesday, April 8th. Morgan Stanley raised their price target on shares of Waste Connections from $214.00 to $219.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, William Blair began coverage on Waste Connections in a report on Thursday, April 3rd. They issued an “outperform” rating for the company. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Waste Connections has an average rating of “Moderate Buy” and an average price target of $204.43.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.