Waste Connections, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 03, 2022 at 04:05 pm
Share
Waste Connections, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 1,646.26 million compared to USD 1,395.94 million a year ago. Net income was USD 180.32 million compared to USD 160.31 million a year ago. Basic earnings per share from continuing operations was USD 0.7 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to USD 0.61 a year ago.
Waste Connections, Inc. is a Canada-based integrated solid waste services company. The Company provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery through recycling and renewable fuels generation. The Company's segments include Southern, Western, Central, Eastern, Canada and MidSouth. Its residential services include residential garbage pickup, residential yard waste, residential recycling, residential dumpster rental, bulk pickup, and portable toilets. Its commercial services include commercial business waste collection, commercial recycling, shredding, commercial roll off dumpster rental, and others. It also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the United States, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. It serves over nine million residential, commercial and industrial customers.