Waste Connections Projects Strong Third Quarter Growth in 2024
Company Announcements

Waste Connections Projects Strong Third Quarter Growth in 2024

Waste Connections (WCN) has provided an update.

Waste Connections forecasts a robust third quarter in 2024, with anticipated revenues reaching up to $2.3 billion and net income potentially hitting $302 million. Adjusted EBITDA is expected to account for approximately 33.7% of revenue, estimated between $767 million and $776 million. These projections assume a steady economic environment and do not factor in any new acquisitions or transaction-related expenses. The company emphasizes that Adjusted EBITDA is a critical measure for evaluating its financial health and operational performance.

For a thorough assessment of WCN stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyWaste Connections price target lowered to $205 from $208 at Raymond James
TheFlyWaste Connections price target lowered to $196 from $198 at BMO Capital
TheFlyWaste Connections price target lowered to $192 from $194 at Oppenheimer
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App