Waste Connections Q1 Results Top Estimates

(RTTNews) - Waste Connections, Inc. (WCN) reported net income for the first quarter of $49.0 million or $0.39 per share, compared to $41.6 million or $0.34 per share for the year-ago quarter.

Excluding items, adjusted net income for the first quarter was $54.5 million or $0.44 per share, compared to $45.7 million or $0.37 per share in the prior year quarter.

Revenue for the first quarter rose 7.1% to $481.7 million from $449.9 million a year earlier.

Analysts polled by Thomson Reuters expected the company to earn $0.41 per share on revenue of $473.71 million for the first quarter. Analysts' estimates typically exclude special items.