News & Events zu Waste Connections, Inc (WCN)WCNWaste Connections, Inc

Company Reports Q3 Revenue of $2.64B, Beating Expectations

Reports Q3 revenue $2.64B, consensus $2.61B. "Another top to bottom beat in the period was driven by continued strength in operational execution along with improving trends in landfill activity and commodity-driven revenue. Sequential improvement of 70 basis points in solid waste unit volumes was led by an uptick in landfill volumes, with operating results continuing to reflect the benefits of elevated employee retention and record safety performance," said Ronald J. Mittelstaedt, President and Chief Executive Officer. "Most importantly, we overcame a late quarter surge in diesel pricing to deliver adjusted EBITDA margin* of 34% on underlying margin expansion of 50 basis points. Our performance puts us firmly on track to exceed the increased full year 2026 outlook we provided in July for revenue and adjusted EBITDA*, and we remain positioned to deliver double-digit growth in adjusted free cash flow* of at least $1.4 billion. Additional acquisitions completed later this year, and further improvement in E&P waste activity or other commodity-driven revenues, would provide incremental benefit."

FY26 Net Income Estimated at $1.18B

Consensus $10.05B. FY26 net income is estimated to be approximately $1.18B, and adjusted EBITDA is estimated to be approximately $3.345B; Capital expenditures are estimated to be approximately $1.25B.