Waste Connections Earnings Estimate

WCN Stock  USD 185.29  2.07  1.13%   
The next projected EPS of Waste Connections is estimated to be 1.0975 with future projections ranging from a low of 1.0501 to a high of 1.15. Waste Connections' most recent 12-month trailing earnings per share (EPS TTM) is at 2.39. Please be aware that the consensus of earnings estimates for Waste Connections is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Waste Connections is projected to generate 1.0975 in earnings per share on the 31st of March 2025. Waste Connections earnings estimates show analyst consensus about projected Waste Connections EPS (Earning Per Share). It derives the highest and the lowest estimates based on Waste Connections' historical volatility. Many public companies, such as Waste Connections, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Waste Connections Revenue Breakdown by Earning Segment

By analyzing Waste Connections' earnings estimates, investors can diagnose different trends across Waste Connections' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Waste Connections' Gross Profit is very stable compared to the past year. As of the 17th of March 2025, Operating Profit Margin is likely to grow to 0.20, while Pretax Profit Margin is likely to drop 0.08.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.

Waste Connections Earnings Estimation Breakdown

The calculation of Waste Connections' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Waste Connections is estimated to be 1.0975 with the future projection ranging from a low of 1.0501 to a high of 1.15. Please be aware that this consensus of annual earnings estimates for Waste Connections is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.16
1.05
Lowest
Expected EPS
1.0975
1.15
Highest

Waste Connections Earnings Projection Consensus

Suppose the current estimates of Waste Connections' value are higher than the current market price of the Waste Connections stock. In this case, investors may conclude that Waste Connections is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Waste Connections' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2025Current EPS (TTM)
2296.62%
1.16
1.0975
2.39

Waste Connections Earnings History

Earnings estimate consensus by Waste Connections analysts from Wall Street is used by the market to judge Waste Connections' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Waste Connections' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Waste Connections Quarterly Gross Profit

935.51 Million

At this time, Waste Connections' Retained Earnings are very stable compared to the past year. As of the 17th of March 2025, Price Earnings Ratio is likely to grow to 75.25, while Retained Earnings Total Equity is likely to drop about 2.8 B. As of the 17th of March 2025, Net Income Applicable To Common Shares is likely to grow to about 1 B, while Common Stock Shares Outstanding is likely to drop about 203.6 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Waste Connections' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
184.54185.54186.54
Details
Intrinsic
Valuation
LowRealHigh
174.92175.92203.82
Details
Naive
Forecast
LowNextHigh
182.75183.75184.75
Details
23 Analysts
Consensus
LowTargetHigh
180.23198.05219.84
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Waste assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Waste Connections. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Waste Connections' stock price in the short term.

Waste Connections Earnings per Share Projection vs Actual

Actual Earning per Share of Waste Connections refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Waste Connections predict the company's earnings will be in the future. The higher the earnings per share of Waste Connections, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Waste Connections Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Waste Connections, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Waste Connections should always be considered in relation to other companies to make a more educated investment decision.

Waste Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Waste Connections' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-02-11
2024-12-311.18871.16-0.0287
2024-10-23
2024-09-301.291.350.06
2024-07-24
2024-06-301.171.240.07
2024-04-24
2024-03-3111.040.04
2024-02-13
2023-12-311.081.110.03
2023-10-25
2023-09-301.141.170.03
2023-08-02
2023-06-301.011.020.01
2023-04-26
2023-03-310.880.890.01
2023-02-15
2022-12-310.880.890.01
2022-11-02
2022-09-301.021.10.08
2022-08-02
2022-06-300.951.00.05
2022-05-03
2022-03-310.840.82-0.02
2022-02-16
2021-12-310.820.830.01
2021-10-27
2021-09-300.860.890.03
2021-08-04
2021-06-300.780.810.03
2021-04-28
2021-03-310.670.70.03
2021-02-17
2020-12-310.630.680.05
2020-10-28
2020-09-300.660.720.06
2020-08-07
2020-06-300.560.60.04
2020-05-07
2020-03-310.630.650.02
2020-02-12
2019-12-310.620.690.0711 
2019-10-28
2019-09-300.710.730.02
2019-07-29
2019-06-300.690.690.0
2019-04-24
2019-03-310.60.620.02
2019-02-13
2018-12-310.60.630.03
2018-10-29
2018-09-300.670.690.02
2018-07-24
2018-06-300.620.650.03
2018-05-02
2018-03-310.550.560.01
2018-02-14
2017-12-310.490.520.03
2017-10-25
2017-09-300.570.60.03
2017-07-25
2017-06-300.530.550.02
2017-04-26
2017-03-310.460.490.03
2017-02-21
2016-12-310.430.450.02
2016-10-26
2016-09-300.480.480.0
2016-08-03
2016-06-300.350.440.0925 
2016-04-27
2016-03-310.630.62-0.01
2016-02-08
2015-12-310.660.680.02
2015-10-26
2015-09-300.730.750.02
2015-07-27
2015-06-300.690.690.0
2015-04-27
2015-03-310.640.640.0
2015-02-09
2014-12-310.680.710.03
2014-10-21
2014-09-300.750.780.03
2014-07-21
2014-06-300.720.730.01
2014-04-21
2014-03-310.570.610.04
2014-02-10
2013-12-310.590.610.02
2013-10-22
2013-09-300.70.710.01
2013-07-23
2013-06-300.610.650.04
2013-04-24
2013-03-310.460.510.0510 
2013-02-20
2012-12-310.530.51-0.02
2012-10-22
2012-09-300.520.550.03
2012-07-23
2012-06-300.50.50.0
2012-04-25
2012-03-310.440.440.0
2012-02-07
2011-12-310.480.490.01
2011-10-18
2011-09-300.560.580.02
2011-07-19
2011-06-300.520.540.02
2011-04-25
2011-03-310.420.440.02
2011-02-08
2010-12-310.420.440.02
2010-10-19
2010-09-300.470.490.02
2010-07-20
2010-06-300.420.440.02
2010-04-20
2010-03-310.320.340.02
2010-02-08
2009-12-310.340.340.0
2009-10-26
2009-09-300.380.410.03
2009-07-21
2009-06-300.320.340.02
2009-04-21
2009-03-310.270.270.0
2009-02-09
2008-12-310.280.290.01
2008-10-21
2008-09-300.380.380.0
2008-07-22
2008-06-300.360.360.0
2008-04-21
2008-03-310.310.310.0
2008-02-11
2007-12-310.310.310.0
2007-10-22
2007-09-300.350.380.03
2007-07-23
2007-06-300.320.330.01
2007-04-23
2007-03-310.270.30.0311 
2007-02-12
2006-12-310.270.290.02
2006-10-23
2006-09-300.310.29-0.02
2006-07-26
2006-06-300.250.250.0
2006-04-24
2006-03-310.240.240.0
2006-02-13
2005-12-310.270.26-0.01
2005-10-25
2005-09-300.310.310.0
2005-07-25
2005-06-300.280.280.0
2005-04-20
2005-03-310.240.250.01
2005-02-22
2004-12-310.260.25-0.01
2004-10-20
2004-09-300.280.280.0
2004-07-21
2004-06-300.250.260.01
2004-04-21
2004-03-310.210.220.01
2004-02-18
2003-12-310.230.230.0
2003-10-22
2003-09-300.230.230.0
2003-07-22
2003-06-300.230.230.0
2003-04-22
2003-03-310.20.20.0
2003-02-19
2002-12-310.210.210.0
2002-10-22
2002-09-300.210.210.0
2002-07-23
2002-06-300.20.210.01
2002-04-23
2002-03-310.160.180.0212 
2002-02-20
2001-12-310.150.150.0
2001-10-22
2001-09-300.160.15-0.01
2001-07-24
2001-06-300.150.160.01
2001-04-24
2001-03-310.130.130.0
2001-02-20
2000-12-310.130.150.0215 
2000-10-24
2000-09-300.140.160.0214 
2000-07-26
2000-06-300.120.120.0
2000-04-27
2000-03-310.10.110.0110 
2000-02-22
1999-12-310.10.110.0110 
1999-10-27
1999-09-300.10.10.0
1999-07-28
1999-06-300.080.090.0112 
1999-05-05
1999-03-310.060.070.0116 
1999-02-22
1998-12-310.050.050.0
1998-11-03
1998-09-300.040.050.0125 
1998-08-03
1998-06-300.030.030.0

About Waste Connections Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Waste Connections earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Waste Connections estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Waste Connections fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings4.5 B4.7 B
Retained Earnings Total Equity4.2 B2.8 B
Earnings Yield 0.01  0.01 
Price Earnings Ratio 71.67  75.25 
Price Earnings To Growth Ratio(3.72)(3.54)

Pair Trading with Waste Connections

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waste Connections position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waste Connections will appreciate offsetting losses from the drop in the long position's value.

Moving together with Waste Stock

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Moving against Waste Stock

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The ability to find closely correlated positions to Waste Connections could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Connections when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waste Connections - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waste Connections to buy it.
The correlation of Waste Connections is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waste Connections moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Connections moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waste Connections can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.339
Dividend Share
1.17
Earnings Share
2.39
Revenue Per Share
34.577
Quarterly Revenue Growth
0.11
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.