Earnings Summary on Waste Connections
Waste Connections (NYSE:WCN), a major operator in waste collection, disposal, and recycling with a strong focus on secondary and rural North American markets, released results for the quarter on July 23, 2025. The company reported $2.41 billion in GAAP revenue, outpacing the $2.39 billion analyst consensus (GAAP), and delivered Non-GAAP EPS of $1.29 versus the expected $1.25. These results were driven by robust solid waste pricing and strong acquisition contributions, but were held back by ongoing pressures on volumes and softer contributions from high-margin commodity activities. Management described the quarter as solid, highlighting execution on key pricing and safety initiatives, and reiterated its full-year 2025 outlook.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Waste Connections (NYSE:WCN) is a leading North American provider of waste collection, landfill, recycling, and special waste services. It serves over nine million customers, with an emphasis on exclusive, secondary, and rural markets spread across 46 U.S. states and six Canadian provinces. The company's business model relies on building local scale through vertical integration — owning collection routes, transfer stations, and landfill assets in each market — providing control over costs and stable, long-term revenue.
Source Fool.com
