WCN stock gained 32.4%, outperforming the industry and S&P 500. Q2 2024 earnings of $1.2 per share beat estimates by 5.1%. WCN completed 13 acquisitions in 2023, enhancing revenue significantly. Dividend payouts increased, reflecting WCN's commitment to shareholder value. Current ratio decreased to 0.7, indicating potential liquidity issues.
Waste Connections reported Q2 earnings of $1.24, beating estimates. Revenue increased to $2.25 billion, surpassing estimates by 1.44%. Stock has gained 21.1% this year, outperforming the S&P 500's 16.5%. Current consensus estimates are $1.33 EPS for the next quarter. Zacks Rank #3 indicates expected performance in line with the market.
- Revenue for Waste Connections in Q1 2024 was $2.07 billion, up 9.1% YoY. - EPS for the quarter was $1.04, beating estimates by 1.96%. - Geographic revenues varied, with some regions showing positive YoY changes and others negative. - Waste Connections stock has a Zacks Rank #2 (Buy) and returned -3.2% over one month. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings