Waste Connections, Inc. (WCN) Tops Q4 EPS by 2c, Offers Guidance

Waste Connections, Inc. (NYSE: WCN) reported Q4 EPS of $0.51, $0.02 better than the analyst estimate of $0.49. Revenue for the quarter came in at $526.2 million versus the consensus estimate of $517.6 million.

Waste Connections, Inc. sees FY2015 revenue of $2.15 billion, versus the consensus of $2.14 billion.

• Adjusted EBITDA* is estimated to be between 33.5% and 34.0% of revenue, the components of which as a percentage of revenue are as follows:
• Operating income is estimated to be between 21.0% and 21.5% of revenue;
• Depreciation and depletion expense is estimated to be approximately 11.2% of revenue;
• Amortization of intangibles expense is estimated to be approximately 1.25% of revenue; and,
• Closure and post-closure accretion expense is estimated to be approximately 0.15% of revenue.
• Net interest expense is estimated to be approximately $60 million.
• Effective tax rate is expected to be approximately 39.4%.
• Noncontrolling interests is estimated to reduce net income by approximately $0.5 million.
• Net cash provided by operating activities is estimated to be approximately 26.0% of revenue.
• Capital expenditures are estimated to be between $200 million and $210 million.

For earnings history and earnings-related data on Waste Connections, Inc. (WCN) click here.

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