Date: October 23, 2024
Source: Waste Connections
Waste Connections reported Q3 revenues up 13 percent to $2.34 billion on core pricing growth of 6.8 percent despite a slight decrease in landfill volumes. The company closed deals worth over $700 million in annual revenue, a new company record, and expects 30 to 35 acquisitions for the year. Based on its strong operating and financial results, the company raised its 2024 outlook estimating revenues of $8.9 billion, up $150 million from its original estimate. EBITDA is expected at $2.91 billion and net income to be $1.082 billion for the year.
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