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Waste Connections Q2 adjusted earnings Inline With Estimates

Waste Connections (WCN) announced a profit for its second quarter that increased from the same period last year.

The company's earnings came in at $148.85 million, or $0.56 per share. This compares with $138.68 million, or $0.52 per share, in last year's second quarter.

Excluding items, Waste Connections reported adjusted earnings of $181.27 million or $0.69 per share for the period.

Analysts had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.5% to $1.37 billion from $1.24 billion last year.

Waste Connections earnings at a glance:

-Earnings (Q2): $181.27 Mln. vs. $172.34 Mln. last year.
-EPS (Q2): $0.69 vs. $0.65 last year.
-Analysts Estimate: $0.69
-Revenue (Q2): $1.37 Bln vs. $1.24 Bln last year.

Full year revenue guidance: $5.375 Bln

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