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 (WCN) has announced it will report its first-quarter 2022 financial results on May 3, 2022, after market close. An investor conference call will take place the following day at 8:30 A.M. Eastern Time. In addition, the company plans to participate in several upcoming industry conferences throughout the second quarter, including the Stifel Investor Summit and the RBC Canadian Auto, Transportation and Industrials Conference. More information is available on the company's investor relations website.
Waste Connections has priced an underwritten public offering of $500 million aggregate principal of its 3.200% Senior Notes due in 2032, at a public price of 99.925% of face value. The offering is set to close on March 9, 2022, with net proceeds estimated at $494.8 million, to be used for repaying borrowings under its revolving credit facility. Major underwriters include BofA Securities and J.P. Morgan. The offering is part of the company's effective shelf registration statement with the SEC.
Waste Connections (WCN) announced plans for a public offering of senior unsecured notes, subject to market conditions. The net proceeds will primarily be used to reduce borrowings under its revolving credit facility. The offering is managed by BofA Securities, J.P. Morgan, MUFG, and Wells Fargo Securities and will utilize an effective shelf registration statement previously filed with the SEC. While the notes are secured obligations, this move signals Waste Connections' strategy to improve its financial flexibility by addressing outstanding debt.
Waste Connections has declared a regular quarterly cash dividend of $0.23 per common share, payable on March 16, 2022, to shareholders on record as of March 2, 2022. This decision reflects the company's ongoing commitment to returning value to shareholders. The Board plans to review the dividend each October, aspiring to increase it in the long term. Shareholders will receive payments in U.S. or Canadian dollars based on their registration with respective depositaries.
Waste Connections reported strong Q4 and full-year 2021 results, driven by price-led organic growth and acquisition activity. Q4 revenue surged to $1.624 billion, net income reached $166.3 million ($0.64 per share), and adjusted EBITDA was $495.4 million. For the full year, revenue increased by 13.0% to $6.151 billion, and net income climbed by 202.1% to $618.0 million ($2.36 per share). Expectations for 2022 project revenue of $6.875 billion, with continued double-digit growth and a commitment to shareholder returns.
Waste Connections (WCN) will announce its fourth quarter 2021 financial results and 2022 outlook after market close on February 16, 2022. An investor conference call will follow on February 17 at 8:30 A.M. ET. The company will participate in several investor events throughout the first quarter, including the ATB Annual Institutional Investor Conference on January 11 and the Deutsche Bank ESG Conference on February 28. Interested parties can access the call via the company's investor website or by dialing in directly.
Waste Connections has declared a regular quarterly cash dividend of $0.23 U.S. per share, marking a significant 12.2% increase from the previous $0.205 amount. This payment is scheduled for November 23, 2021, for shareholders on record as of November 9, 2021. The Board plans to review the dividend quarterly, aiming for continuous increases. The dividend will be paid in U.S. dollars for shares held in U.S. depository accounts and in Canadian dollars for those in Canadian depositories, based on the current exchange rate.
Waste Connections reported third-quarter revenue of $1.597 billion, a 14.9% year-over-year increase, driven by strong solid waste pricing and acquisition activity. Net income reached $114.4 million, or $0.44 per share, with adjusted EBITDA at $505.6 million, or 31.7% of revenue. Year-to-date, the company generated $1.27 billion in cash from operations and closed acquisitions yielding approximately $240 million in annualized revenues. The quarterly dividend increased by 12.2%, with an outlook for full-year revenue of approximately $6.11 billion.
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Waste Connections (WCN) announced that it will release its financial results for Q3 2021 post-market on October 27, 2021. An investor conference call is scheduled for October 28 at 8:30 A.M. ET. Investors can access the live audio webcast on the company's investor relations site. Additionally, Waste Connections will participate in the BMO Capital Markets Growth & ESG Conference on December 7, 2021, with presentation slides available 24 hours prior on their website.