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Waste Connections Q4 Profit Declines; Guides FY10 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Waste Connections Inc. (WCN) reported net income attributable to the company of $23.3 million or $0.29 per share for the fourth quarter, compared to $27.3 million or $0.34 per share in the prior year quarter.

Adjusted net income attributable to Waste Connections was $29.3 million or $0.37 per share, compared to $24.3 million or $0.30 per share in the year-ago quarter.

Revenue for the fourth quarter increased 19.4% to $309.9 million from $259.6 million in the previous year quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.37 per share on revenue of $308.76 million for the quarter. Analysts' estimates typically exclude special items.

For 2010, the company anticipates revenue to be about $1.28 billion, while the analysts estimate revenue of $1.29 billion.

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