Welcome to our dedicated page for Waste Connection news (Ticker: WCN), a resource for investors and traders seeking the latest updates and insights on Waste Connection stock.
Waste Connections (WCN) delivers essential waste management solutions across North America, serving residential, commercial, and energy sectors through integrated services. This news hub provides investors and industry stakeholders with timely updates on corporate developments, environmental initiatives, and market leadership.
Access authoritative reporting on earnings announcements, strategic acquisitions, and operational expansions. Our curated collection features press releases about recycling innovations, oilfield waste treatment advancements through R360 Environmental Solutions, and intermodal logistics developments. Stay informed about regulatory compliance milestones and sustainability efforts shaping the waste services industry.
Key updates include resource recovery progress, landfill management technologies, and partnerships enhancing service capabilities. Bookmark this page for direct access to primary source materials and analysis-free reporting on WCN's position in secondary markets and exclusive service areas.
On May 14, 2021, Waste Connections announced that all nominees for director positions were successfully elected during the annual shareholders meeting. Each director will serve until the next meeting or until their successor is appointed. The voting results indicate significant support for the nominees, with percentages of votes for each ranging from 85.73% to 99.94%. Also approved was the non-binding advisory compensation for named executives and the appointment of Grant Thornton LLP as the independent public accounting firm until the 2022 annual meeting.
Waste Connections (WCN) reported strong Q1 2021 results, with revenue of $1.396 billion, exceeding expectations, and a net income of $160.3 million. Adjusted EBITDA soared to $433.2 million, representing 31.0% of revenue, an increase of 80 basis points year-over-year. The company anticipates 10% growth in solid waste prices and volumes in Q2, driven by recovering solid waste activity. Adjusted free cash flow was $289.8 million, or 20.8% of revenue. The positive financial outlook reflects improving economic conditions post-COVID-19.
Waste Connections has declared a regular quarterly cash dividend of $0.205 U.S. per common share, set for payment on May 26, 2021. Shareholders of record by May 12, 2021 will benefit from this dividend. Payment will be in U.S. dollars for those whose shares are held by U.S. brokers, while Canadian dollar payments apply for shareholders with Canadian depositary accounts, based on the Bank of Canada's exchange rate. The Board intends to review quarterly dividends each October, aiming for long-term increases.
Waste Connections (WCN) announced it will disclose its financial results for Q1 2021 after market close on April 28, 2021. An investor conference call is scheduled for April 29 at 8:30 A.M. ET. This session will allow investors to discuss the results directly with company executives. The call will be accessible via dial-in or through a live audio webcast on the company's investor relations website. Additionally, Waste Connections executives will attend several industry conferences in Q2 2021, aiming to enhance investor relations and market engagement.
Waste Connections reported strong Q4 2020 results, with revenue of $1.398 billion and net income of $130.7 million ($0.50/share). Adjusted EBITDA reached $426.6 million, representing a 30.5% margin. The company expects a solid waste price and volume growth of 5% in 2021, anticipating revenues of $5.80 billion and net income of approximately $669 million. The company is focused on delivering double-digit growth in adjusted free cash flow and increasing shareholder returns through dividends and share repurchases.
Waste Connections has declared a regular quarterly cash dividend of $0.205 U.S. per common share, set to be paid on March 17, 2021, to shareholders of record by March 3, 2021. This decision reflects the Company's ongoing commitment to return value to its shareholders. The Board plans to review the dividend each October, aiming for long-term increases. Shareholders with shares held via U.S. depositaries will receive dividends in U.S. dollars, while those in Canadian depositaries will receive Canadian dollars at the Bank of Canada's exchange rate.
Waste Connections (WCN) announced it will report fourth quarter 2020 financial results on February 17, 2021, followed by a conference call on February 18 at 8:30 A.M. ET. Investors can access the call via phone or a live stream on the company's website. The company plans to participate in various investor events throughout the first quarter of 2021, including the ATB Annual Institutional Investor Conference and the Jefferies ESG Panel. Waste Connections serves more than seven million customers across the U.S. and Canada, providing integrated solid waste services.
Waste Connections reported Q3 2020 results with revenues of $1.390 billion, slightly down from $1.412 billion in 2019. Operating income was $230.7 million, and net income was $158.0 million, maintaining a diluted EPS of $0.60. Adjusted EBITDA decreased to $432.6 million, down from $443.6 million year-over-year. The company achieved a year-to-date adjusted free cash flow of $778 million, positioning it for double-digit growth in 2021. Despite the impacts of COVID-19, solid waste margins saw an expansion of 200 basis points, driven by improved service demands as markets began to reopen.
Waste Connections has declared a 10.8% increase in its quarterly cash dividend, raising it from $0.185 to $0.205 per common share. This dividend will be paid on November 25, 2020, to shareholders of record by the close of business on November 10, 2020. The Board plans to review the quarterly dividend each October, aiming for long-term increases. Waste Connections operates in the solid waste services sector, serving over seven million customers across 42 U.S. states and six Canadian provinces.
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