Waste Connections: Here’s What Investors Need to Know Before Earnings
Waste Connections (NYSE:WCN) will report earnings after markets close on Tuesday, July 23rd. Waste Connections, Inc. provides solid waste collection, transfer, disposal, and recycling services in secondary markets of the western United States. The Company owns and operates collection facilities, transfer stations, landfills, and recycling facilities.
Here is your Cheat Sheet to Waste Connections Earnings:
Earnings Expectations: Analysts expect earnings of $0.44 per share on revenues of $481.88 million. Currently, the company’s P/E ratio stands at 31.62.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.51 to a profit $0.52. For the current year, the average estimate is a profit of $1.78, which is the same as the estimate ninety days ago.
Here’s how Waste Connections has been performing on an annual basis:
|Revenue ($) in millions||1,050||1,191||1,320||1,505||1,662|
|Diluted EPS ($)||0.99||0.91||1.16||1.45||1.31|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||410.73||425.65||448.80||449.89|
|Diluted EPS ($)||0.34||0.40||0.29||0.34|
Waste Connections has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)