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Waste Connections (TSE:WCN)
TSX:WCN
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.75Last Year’s EPS
1.72Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -0.66%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
Waste Connections showcased a strong performance in Q1 2025, with significant achievements in pricing, employee retention, safety, and acquisition activity. Despite challenges such as volume declines and commodity headwinds, the company maintained robust margins and received a Moody's rating upgrade. The positive aspects significantly outweighed the negatives, positioning the company well for the rest of the year.Company Guidance
During the Waste Connections, Inc. Q1 2025 earnings call, the company highlighted a robust start to the fiscal year, driven by price-led organic solid waste growth and strategic acquisition activities. Core solid waste pricing increased by 6.9%, and volume decreased by 2.8%, partly due to weather-related impacts. Adjusted EBITDA margin reached 32%, showcasing strong operational execution. Employee retention improved for the tenth consecutive quarter, with voluntary turnover dropping to below 12%. Acquisition activity was significant, with annualized revenues from closed deals exceeding $125 million, contributing to overall revenue growth of 7.5% year-over-year to $2.228 billion. For Q2 2025, Waste Connections projects revenue between $2.375 billion and $2.4 billion, with an adjusted EBITDA margin of approximately 32.7%. The company remains well-positioned for continued growth, leveraging its strong balance sheet and maintaining a focus on operational excellence and safety.Strong Start to 2025
Waste Connections reported a strong start to 2025 with price-led organic solid waste growth and successful acquisition activity, driving a top-to-bottom beat in Q1. Adjusted EBITDA margin reached 32%.
Improvement in Employee Retention and Safety
The company marked its tenth consecutive quarter of improvement in employee retention, with voluntary turnover down to below 12%. Additionally, Waste Connections achieved record safety performance during the period.
Significant Acquisition Activity
Annualized revenues from acquisitions closed to date are over $125 million, including a strategic recycling facility in New Jersey. The company is on pace for another busy M&A year with high levels of seller interest.
Moody's Rating Upgrade
Waste Connections received a rating upgrade from Moody's to A3, reflecting the company's strong track record and providing support for continued growth.
Volume and Pricing Trends
Core pricing increased to 6.9%, exceeding the company's outlook. Despite a 2.8% volume decline, the company saw favorable trends in volumes and pricing, which increased sequentially, normalized for weather impacts.
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TSE:WCN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:WCN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | C$271.29 | C$272.68 | +0.51% |
| Feb 12, 2025 | C$270.56 | C$267.60 | -1.10% |
| Oct 23, 2024 | C$248.67 | C$246.76 | -0.77% |
| Jul 24, 2024 | C$247.12 | C$241.52 | -2.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Waste Connections (TSE:WCN) report earnings?
Waste Connections (TSE:WCN) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Waste Connections (TSE:WCN) earnings time?
Waste Connections (TSE:WCN) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:WCN EPS forecast?
TSE:WCN EPS forecast for the fiscal quarter 2025 (Q2) is 1.75.
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