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, Inc. (WCN) is an integrated solid waste services company whose news flow centers on financial performance, capital allocation and operational developments in non-hazardous waste management. Company press releases highlight its role in providing non-hazardous waste collection, transfer and disposal services, including by rail, as well as resource recovery primarily through recycling and renewable fuels generation. Waste Connections serves approximately nine million residential, commercial and industrial customers across 46 U.S. states and six Canadian provinces, making its updates relevant to investors following the North American waste management sector.
On this page, readers can follow WCN news related to quarterly earnings results, updated financial outlooks and conference call schedules. Recent releases have detailed revenue, net income, adjusted net income and adjusted EBITDA, along with commentary on solid waste core pricing, margin trends and acquisition activity. The company also announces regular quarterly cash dividends, dividend increases and renewals of its normal course issuer bid for share repurchases, providing insight into its capital return policies.
Waste Connections’ news coverage additionally includes information on senior notes offerings, including the pricing and intended use of proceeds to repay borrowings under its revolving credit facility. Updates on ESG-related initiatives, such as efforts to reduce emissions, increase resource recovery of recyclable commodities and clean energy fuels, and improve safety and employee engagement, are also described in company communications.
Investors and observers can use this WCN news feed to monitor scheduled earnings release dates, dividend declarations, share repurchase authorizations, debt offerings and other material events disclosed through press releases and regulatory filings. Regular review of these items helps provide context on Waste Connections’ operating performance, financial position and strategic priorities within the non-hazardous solid waste services industry.
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.
Summary not available.
Waste Connections, Inc. (WCN) announced it will report third-quarter 2020 financial results on October 28, 2020, after market close. An investor conference call will follow on October 29 at 8:30 A.M. ET. Access to the call is available by dialing 800-920-3365 or 212-231-2902. The company will participate in several upcoming virtual investor events, including the J.P. Morgan Ultimate Services Investor Conference on November 19, and the BMO Growth and ESG Conference on December 9. More details can be found on the company's website.
Waste Connections reported a Q2 2020 revenue of $1.306 billion, surpassing preliminary expectations. However, the company faced a net loss of $227.1 million, or $0.86 per share, largely due to a $417.4 million non-cash impairment charge for certain E&P waste assets. The company achieved an adjusted EBITDA of $394.3 million (30.2% of revenue) and noted YTD adjusted free cash flow of $494.6 million. Notably, solid waste operations showed resilience despite COVID-19 impacts. The outlook for 2020 remains optimistic, exceeding earlier expectations.