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09.02.2015 22:24:30

Waste Connections Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Waste Connections Inc. (WCN) reported fourth-quarter net income attributable to company of $60.8 million, or $0.49 per share, compared to $49.4 million, or $0.40 per share, prior year. Adjusted net income attributable to Waste Connections in the quarter was $63.3 million, or $0.51 per share.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.49 for the quarter. Analysts' estimates typically exclude special items.

Revenue totaled $526.2 million, an 8.3% increase over revenue of $485.9 million in the year ago period. Analysts expected revenue of $517.58 million for the quarter.

The company expects 2015 revenue to be approximately $2.15 billion, of which $260 million to $275 million is expected to be E&P waste-related. Analysts expect the company to report fiscal year revenue of $2.15 billion.

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