Waste Connections Q2 revenue beats estimates, co raises FY guidance
WCN•Drivers of the results
- Operational execution — The company said strong operational execution led to margin expansion despite cost pressures from higher fuel costs and lower commodity values.
- Pricing initiatives — Revenue growth was driven by price increases, with solid waste yield up 4.6% and surcharges contributing 1.1%.
- Acquisitions — Acquisitions closed during or after the prior period contributed $45.8 million in second-quarter revenue.
Full-year 2026 outlook raised
Waste Connections raised its 2026 revenue outlook to $10.02 billion-$10.05 billion.
The company sees 2026 adjusted EBITDA of $3.33 billion-$3.34 billion.
It expects 2026 net income of $1.169 billion-$1.173 billion and capital expenditures of about $1.25 billion.
Quarterly revenue and profitability
North America solid waste firm Waste Connections said second-quarter revenue rose 6.4%, beating analyst expectations.
Adjusted net income and adjusted EBITDA increased year-over-year.
