Waste Connections Beats Q2 Estimates, Raises 2026 Outlook on Strong Execution
WCN is trading near its 52-week low of $146.89 (13% above the low).
Summary
Waste Connections delivered a top-to-bottom beat in Q2 2026, with revenue of $2.562B (up 6.4% YoY) and adjusted EBITDA of $840.1M, driving a 32.8% margin despite fuel cost headwinds. Adjusted EPS of $1.50 handily exceeded expectations. Management raised full-year guidance to revenue of $10.02B-$10.05B and adjusted EBITDA of $3.33B-$3.34B, citing improving commodity trends and acquisition contributions. The company also repurchased a record $614.5M in shares year-to-date, reducing share count by about 1.5%. This is a clear signal of operational strength and capital discipline in a challenging macro environment.
At the time of this announcement, WCN was trading at $166.28 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $42.7B. The 52-week trading range was $146.89 to $191.91. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.