Waste Connections Shares Rise on Higher 3Q Revenue

Dow Jones
2025/10/22
 

By Adriano Marchese

 

Waste Connections shares gained after strong results in its solid waste and energy segments boosted third-quarter revenue.

Shares traded 1.2% higher in Toronto at 246.10 Canadian dollars ($175.49).

Revenue rose to $2.46 billion compared with $2.34 billion a year ago, topping analyst consensus expectations which pegged the figure at $2.42 billion, according to FactSet.

The increase was driven by growth in the company's solid waste collection unit and oil- and gas-related waste treatment, recovery and disposal segment.

The waste services company late Tuesday posted a profit of $286.3 million, or $1.11 a share, compared with $308 million, or $1.19 a share, a year earlier. On an adjusted basis, earnings per share came to $1.44, ahead of estimates of $1.37 a share.

The company also said it is increasing its quarterly dividend by to 35 cents a share from 31.5 cents and that it is maintaining its full-year outlook for revenue of $9.45 billion and net income of about $1.14 billion.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

October 22, 2025 10:20 ET (14:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10