Folsom, California based Waste Connections Inc. WCN released financial results late Tuesday that beat Wall Street earnings and revenue estimates.
Waste Connections Inc. (WCN) reported that its 2nd quarter net income was $30.4 million, or 39 cents per share, compared to net income of $30.4 million, or 38 cents per share, a year earlier.
Excluding special items, Waste Connections earned 48 cents per share.
Revenue climbed 9.1% to $330.5 million.
According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 45 cents per share, on revenue of $324.92 million.
Analysts covering WCN have a consensus price target of $39.56 per share.
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