Waste Connections (WCN) to Release Earnings on Wednesday

Waste Connections (NYSE:WCN) is expected to be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.07 per share and revenue of $2.22 billion for the quarter. Waste Connections has set its FY 2025 guidance at EPS.

Waste Connections (NYSE:WCN) last released its quarterly earnings data on Wednesday, February 12th. The business services provider reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.04). Waste Connections had a return on equity of 15.54% and a net margin of 6.92%. On average, analysts expect Waste Connections to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Waste Connections Trading Down 1.3 %

NYSE WCN opened at $194.85 on Tuesday. The company has a fifty day moving average of $190.29 and a 200 day moving average of $184.54. The company has a market capitalization of $50.34 billion, a PE ratio of 81.53, a P/E/G ratio of 3.07 and a beta of 0.67. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.65 and a quick ratio of 0.65. Waste Connections has a 1 year low of $160.34 and a 1 year high of $201.66.

Waste Connections Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 27th were paid a $0.315 dividend. The ex-dividend date was Thursday, February 27th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.65%. Waste Connections’s payout ratio is 52.72%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WCN. Citigroup cut their target price on shares of Waste Connections from $218.00 to $209.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Truist Financial reissued a “buy” rating and set a $210.00 target price (up from $200.00) on shares of Waste Connections in a research note on Friday, February 14th. Jefferies Financial Group cut their price target on Waste Connections from $225.00 to $210.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. StockNews.com lowered Waste Connections from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Finally, William Blair began coverage on Waste Connections in a research note on Thursday, April 3rd. They set an “outperform” rating for the company. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Waste Connections has an average rating of “Moderate Buy” and a consensus price target of $204.43.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.