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Waste Connections Posts Strong Q1 Earnings

Waste Connections Posts Strong Q1 Earnings

Waste Connections (TSE:WCN) has released an update.

Waste Connections, Inc. has reported a robust first quarter in 2024, boasting a revenue increase of 9.1% to $2.073 billion and a significant jump in net income to $230.1 million, reflecting strong organic growth and successful acquisitions. Adjusted EBITDA rose by 14.8% to $650.7 million, with a notable margin expansion to 31.4%, signaling the company’s operational efficiency and financial strength. These results underline the company’s positive outlook for the rest of the year, fueled by improved employee retention, safety performance, and strategic acquisitions.

For further insights into TSE:WCN stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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