Financial PerformanceCWST outperformed the S&P 500 Index by ~650 bps and solid waste peers by roughly 800 bps after 3Q revenue, adj. EBITDA, EPS and FCF all beat consensus expectations.
Mid-Atlantic IntegrationPositive progress on the Mid-Atlantic integration included truck deliveries and billing system conversions, with expectations of capturing at least $5 million in synergies by 2026.
Pricing PowerCWST leverages strong pricing power from its ~75% open-market contract mix, outperforming peers at ~57%.