Waste Connections: Q4 Earnings Snapshot
ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Waste Connections Inc. (WCN) on Wednesday reported fourth-quarter net income of $258.5 million.
On a per-share basis, the Ontario, Ontario-based company said it had profit of $1.01. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The solid waste services provider posted revenue of $2.37 billion in the period, matching Street forecasts.
For the year, the company reported profit of $1.08 billion, or $4.17 per share. Revenue was reported as $9.47 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WCN at https://www.zacks.com/ap/WCN