Waste Connections Shares Rise on Higher 3Q Revenue

Dow Jones
Oct 22, 2025
 

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)

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