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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Waste Connections has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)