Waste Connections (WCN) has released an update.
Waste Connections forecasts a robust start to 2024 with expected first-quarter revenue of about $2.05 billion, and a projected net income of $226 million. The company anticipates a solid waste price plus volume growth of 3.5%, predominantly driven by a 7% increase in pricing. Additionally, the adjusted EBITDA is estimated to be near $640 million, marking 31.2% of the projected revenue. These estimates are based on the current economic conditions and exclude possible impacts from future acquisitions and certain expenses.
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