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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.
