Waste Connections Q2 2020 Earnings Report
Key Takeaways
Waste Connections reported Q2 2020 results with revenue exceeding expectations at $1.306 billion. Adjusted EPS was $0.60. The company also provided a full year 2020 outlook above preliminary expectations.
Revenue of $1.306 billion, exceeding preliminary expectations
Adjusted net income attributable to Waste Connections of $158.0 million, or $0.60 per share
Adjusted EBITDA of $394.3 million, or 30.2% of revenue, exceeding preliminary expectations
Provides full year 2020 outlook above May’s preliminary expectations
Waste Connections
Waste Connections
Waste Connections Revenue by Segment
Forward Guidance
Waste Connections provided its outlook for 2020, which assumes no significant change in underlying economic trends. The Company’s outlook excludes any impact from additional acquisitions that may close during the year, and expensing of transaction-related items.
Revenue & Expenses
Visualization of income flow from segment revenue to net income