Waste Connections Inc. (WCN) on Tuesday reported third-quarter profit of $286.3 million.
On a per-share basis, the Ontario, Ontario-based company said it had net income of $1.11. Earnings, adjusted for one-time gains and costs, came to $1.44 per share.
The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The solid waste services provider posted revenue of $2.46 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $2.45 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WCN at https://www.zacks.com/ap/WCN
Leave a Reply
You must be logged in to post a comment.