Waste Connections Q3 Profit Down

Waste Connections, Inc. (WCN) Wednesday reported third-quarter net income of $158.0 million or $0.60 per share, compared with last year's profit of $159.1 million or $0.60 per share.

Adjusted income in the third quarter was $188.6 million or $0.72 per share, down from $192.9 million or $0.73 per share last year.

Revenues for the third quarter dropped to $1.39 billion from $1.41 billion last year.

Analysts polled by Thomson Reuters expected earnings of $0.66 per share on revenues of $1.38 billion. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
McDonald's says equal pay for women is just the beginning, while conforming that the fast-food giant pays women globally 99.85 cents on the dollar for similar work, taking into account legitimate pay drivers such as level, location, experience, and performance. The company added that it is on track to close that identified gap in 2022. Verizon Communications Inc. (VZ) said, on an adjusted basis, its third-quarter earnings per share rose 12.8 percent from a year ago. The company said its earnings were highlighted by revenue and customer growth as more than one in four Consumer wireless phone customers now have a 5G-capable device. The... While reporting financial results for the third quarter on Wednesday, Abbott Laboratories (ABT) raised its earnings and adjusted earnings guidance for the full-year 2021. For fiscal 2021, the company continues to project earnings from continuing operations in a range of $3.55 to $3.6 per share and...
Follow RTT