Free Research Report as Waste Connection’s Revenue Grew 10%; Adjusted EPS Advanced 13%

Stock Monitor: Aqua Metals Post Earnings Reporting

LONDON, UK / ACCESSWIRE / March 22, 2018 / Active-Investors.com has just released a free earnings report on Waste Connections, Inc. (NYSE: WCN) (“WCN”). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=WCN. Waste Connections reported its Q4 and fiscal 2017 operating and financial results on February 14, 2018. The solid waste services provider outperformed top- and bottom-line expectations and provided guidance for full year 2018. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Aqua Metals, Inc. (NASDAQ: AQMS), which also belongs to the Industrial Goods sector as the Company Waste Connections. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=AQMS

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Waste Connections most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=WCN

Earnings Highlights and Summary

WCN’s revenue totaled $1.16 billion in Q4 2017, up from $1.05 billion in the year ago comparable period. The Company’s reported numbers topped analysts’ estimates of $1.13 billion.

During Q4 2017, WCN’s operating income totaled $175.0 million, including $15.2 million of impairments, primarily related to the Company’s termination of a back-up landfill development project no longer deemed necessary, and $7.0 million of acquisition-related costs. This compared to $139.2 million in the year ago corresponding period, which included $23.0 million of impairments and other operating items and $16.0 million of acquisition-related costs.

Net income attributable to WCN was $315.1 million, or $1.19 per share, in Q4 2017 including a $209.4 million benefit to the income tax provision primarily resulting from enactment of the Tax Cuts and Jobs Act of 2017 (Tax Act), In the year ago same period, the Company reported net income attributable to WCN of $85.6 million, or $0.32 per share on a diluted basis.

During Q4 2017, adjusted net income attributable to WCN was $137.0 million, or $0.52 per share, versus $120.3 million, or $0.46 per share, in FY16. The Company’s earnings beat Wall Street’s estimates of $0.49 per share.

WCN’s adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) was $360.7 million in Q4 2017 compared to adjusted EBITDA of $325.4 million in Q4 2016.

For the year ended December 31, 2017, WCN’s revenue was $4.63 billion, as compared to revenue of $3.38 billion in FY 2016.

Net income attributable to WCN was $576.8 million, or $2.18 per share, in FY17 which included a $205.6 million benefit to the income tax provision primarily related to the Tax Act. In FY6, the Company reported net income attributable to WCN of $246.5 million, or $1.07 per share. Adjusted net income attributable to was $570.7 million, or $2.16 per share, WCN in FY17 compared to $395.2 million, or $1.71 per share, in FY16.

Waste Connections’ Segmental Performance

During Q4 2017, the Solid Waste Collection segment’s revenue grew 8% to $798.2 million compared to $737.8 million in Q4 2016 and contributed 69.0% of total revenue in the reported quarter.

In Q4 2017, the Solid Waste Disposal and Transfer segment’s revenue gained 11% to $238.1 million compared to $214.8 million in Q4 2016 and contributed 20.6% to overall revenues in the reported quarter.

Cash Matters

During FY17, WCN’s net cash provided by operating activities totaled $1.19 billion compared to $795.31 million. The Company’s adjusted free cash flow for the year was $763.9 million, or 16.5% of revenue.

Outlook

For FY18, WCN is forecasting revenue to be approximately $4.83 billion. Net income attributable to WCN is estimated to be approximately $570.0 million. The Company is estimating adjusted EBITDA to be approximately $1.55 billion, net cash provided by operating activities to be approximately $1.350 billion and adjusted free cash flow is estimated to be approximately $850.0 million, or about 17.6% of revenue.

Stock Performance Snapshot

March 21, 2018 – At Wednesday’s closing bell, Waste Connections’ stock slightly fell 0.24%, ending the trading session at $73.36.

Volume traded for the day: 540.61 thousand shares.

Stock performance in the last month – up 4.10%; previous three-month period – up 3.35%; past twelve-month period – up 27.33%; and year-to-date – up 3.41%

After yesterday’s close, Waste Connections’ market cap was at $19.44 billion.

Price to Earnings (P/E) ratio was at 33.65.

The stock has a dividend yield of 0.76%.

The stock is part of the Industrial Goods sector, categorized under the Waste Management industry. This sector was up 0.4% at the end of the session.

p>Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 493896