Waste Connections WCN is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Waste Connections to report an earnings per share (EPS) of $1.30.
The announcement from Waste Connections is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
During the last quarter, the company reported an EPS beat by $0.07, leading to a 2.35% drop in the share price on the subsequent day.
Here's a look at Waste Connections's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 1.17 | 1 | 1.08 | 1.14 |
EPS Actual | 1.24 | 1.04 | 1.11 | 1.17 |
Price Change % | -2.0% | -1.0% | 5.0% | -7.000000000000001% |
Waste Connections Share Price Analysis
Shares of Waste Connections were trading at $181.7 as of October 21. Over the last 52-week period, shares are up 31.69%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Waste Connections visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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