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Earnings Outlook For Waste Connections

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Waste Connections (NYSE: WCN) announces its next round of earnings Wednesday. Here's Benzinga's advanced look at Waste Connections' Q4 earnings report.

Earnings and Revenue

Analysts expect Waste Connections earnings of 49 cents per share. Revenue will likely be around $1.13 billion, according to the consensus estimate.

If the company were to match the estimate, earnings would be down 27.94 percent. Sales would be up 7.72 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.58 0.53 0.69 0.64
EPS Actual 0.6 0.55 0.74 0.68

 

Q4 EPS Estimate: 49 cents per share
Q4 Revenues Estimate: $1.13 billion

Stock Performance

Over the last 52-week period, shares are up 27.17 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts generally rate Waste Connections stock as Neutral. The strength of this rating has maintained conviction over the past three months.

 

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