Q3 2022 EPS Estimates for Waste Connections, Inc. (TSE:WCN) Boosted by Oppenheimer

Waste Connections, Inc. (TSE:WCNGet Rating) – Equities researchers at Oppenheimer increased their Q3 2022 earnings per share (EPS) estimates for Waste Connections in a report released on Thursday, August 4th. Oppenheimer analyst N. Kaye now anticipates that the company will earn $1.31 per share for the quarter, up from their previous estimate of $1.29. The consensus estimate for Waste Connections’ current full-year earnings is $4.51 per share. Oppenheimer also issued estimates for Waste Connections’ Q4 2022 earnings at $1.21 EPS and FY2022 earnings at $4.87 EPS.

Other equities research analysts also recently issued reports about the company. ATB Capital increased their price target on Waste Connections from C$170.00 to C$180.00 and gave the stock an “outperform” rating in a report on Thursday. Morgan Stanley decreased their price target on Waste Connections to C$138.00 and set a “buy” rating for the company in a report on Wednesday, June 22nd. Veritas Investment Research downgraded Waste Connections from a “buy” rating to a “reduce” rating in a report on Thursday, May 5th. Finally, Atb Cap Markets reaffirmed a “sector perform” rating on shares of Waste Connections in a report on Wednesday, May 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Waste Connections has an average rating of “Moderate Buy” and an average target price of C$146.43.

Waste Connections Price Performance

Shares of TSE WCN opened at C$178.97 on Friday. The company has a debt-to-equity ratio of 84.88, a current ratio of 0.94 and a quick ratio of 0.76. The stock has a fifty day moving average price of C$161.43 and a 200 day moving average price of C$164.08. Waste Connections has a 1-year low of C$148.05 and a 1-year high of C$183.55. The company has a market cap of C$46.03 billion and a PE ratio of 57.18.

Waste Connections (TSE:WCNGet Rating) last posted its quarterly earnings data on Tuesday, May 3rd. The company reported C$1.04 earnings per share for the quarter, missing the consensus estimate of C$1.05 by C($0.01). The firm had revenue of C$2.09 billion during the quarter, compared to analyst estimates of C$2.05 billion.

Waste Connections Company Profile

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Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.

See Also

Earnings History and Estimates for Waste Connections (TSE:WCN)

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