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Waste Connections Inc T.WCN

Alternate Symbol(s):  WCN

Waste Connections, Inc. is an integrated solid waste services company. It provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. Its segments include Western, Southern, Eastern, Central, Canada and MidSouth. It serves approximately nine million residential, commercial and industrial customers in secondary markets across 46 states in the U.S. and six provinces in Canada. It also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S. and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Its residential services include garbage pickup, yard waste, recycling, dumpster rental, bulk pickup, and portable toilets. Its commercial services include business waste collection, commercial recycling, shredding, roll off dumpster rental, and others.


TSX:WCN - Post by User

Post by Betteryear2on May 03, 2022 4:29pm
153 Views
Post# 34652619

FIRST QUARTER 2022 RESULTS

FIRST QUARTER 2022 RESULTS
  • Solid waste pricing growth of 7.1% drives underlying margin expansion and better than expected Q1 results
  • Revenue of $1.646 billion, up 17.9%
  • Net income(a) of $180.3 million, and adjusted EBITDA(b) of $502.1 million, or 30.5% of revenue and up 15.9%
  • Net income of $0.69 per share, and adjusted net income(b) of $0.82 per share, up 17.1%
  • Net cash provided by operating activities of $440.9 million and adjusted free cash flow(b) of $320.4 million, or 19.5% of revenue and up 10.6% year over year
  • Completes acquisitions with approximately $175 million of total annualized revenue

TORONTOMay 3, 2022 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the first quarter of 2022. 

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