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Waste Connections, Inc. (WCN - Free Report) reported solid third-quarter 2023 results, wherein both earnings and revenues surpassed the respective Zacks Consensus Estimates.
The better-than-expected results seem to have impressed the investors as the shares increased 1.6% post the earnings release on Oct 25.
Adjusted earnings (excluding 21 cents from non-recurring items) of $1.17 per share beat the Zacks Consensus Estimate by 2.6% and increased 6.4% year over year. Revenues of $2.06 billion topped the consensus estimate by 0.2% and rose 9.8% year over year.
Acquisitions contributed $150.6 million to revenues in the reported quarter.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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