Waste Connections Q4 2020 Earnings Report
Key Takeaways
Waste Connections reported a revenue of $1.398 billion for Q4 2020, up from $1.362 billion in the year-ago period. Net income was $130.7 million, or $0.50 per share. Adjusted net income was $178.6 million, or $0.68 per diluted share. The company expects revenue to be approximately $5.80 billion for 2021.
Revenue of $1.398 billion, net income of $130.7 million.
Net income and adjusted net income of $0.50 and $0.68 per share, respectively.
Adjusted EBITDA of $426.6 million, or 30.5% of revenue.
Completed additional acquisitions to bring total acquired annualized revenue for the full year to approximately $180 million.
Waste Connections
Waste Connections
Waste Connections Revenue by Segment
Forward Guidance
Waste Connections expects 5.0% solid waste price plus volume growth, 50bps margin expansion, and double-digit percentage growth in adjusted free cash flow for 2021. They expect revenue to be approximately $5.80 billion and net income to be approximately $669 million.
Positive Outlook
- Expects 5.0% solid waste price plus volume growth
- Expects 50bps margin expansion
- Expects double-digit percentage growth in adjusted free cash flow
- Expects revenue to be approximately $5.80 billion, excluding additional acquisitions
- Expects net income to be approximately $669 million