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Sep 30, 2022
Waste Connections Q3 2022 Earnings Report
Waste Connections' Q3 2022 performance was driven by solid waste pricing growth, E&P waste activity, and acquisition contributions, resulting in better-than-expected results.
Key Takeaways
Waste Connections reported Q3 2022 revenue of $1.880 billion, a 17.7% increase from the previous year. Net income was $236.9 million, or $0.92 per share, while adjusted EBITDA reached $588.1 million, up 16.3%. The company also updated its full-year outlook for 2022.
Revenue increased by 17.7% to $1.880 billion.
Net income was reported at $236.9 million, or $0.92 per share.
Adjusted EBITDA increased by 16.3% to $588.1 million.
Solid waste pricing growth accelerated to 10.1%.
Waste Connections
Waste Connections
Waste Connections Revenue by Segment
Forward Guidance
Waste Connections updated its outlook for 2022, excluding impacts from additional acquisitions, and assumes no change in the current economic environment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income