0953 ET - Waste Connections should have opportunities to "substantively improve" its margins and free cash flow in the coming years, according to Raymond James in a note. Analyst Patrick Tyler Brown says 2Q played out "quite as we expected" for the solid waste services company on the back of healthy core dynamics, while recycled commodities and M&A drove a modest guidance raise. He says improvements to margins and free cash flow in coming years will stem from "both internal (solid pricing and cost optimization) and external (M&A and green investment payoff) drivers." The company may even be able to beat current projections "given that additional M&A and/or improvement in commodity prices would also be additive to the outlook." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

July 24, 2026 09:54 ET (13:54 GMT)

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