Waste Connections (WCN) Prelim. Q4 EPS Light of Expectations

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Waste Connections Reports Preliminary Fourth Quarter Results Above Expectations

January 19, 2016 6:31 AM UTC

THE WOODLANDS, Texas, Jan. 19, 2016 /PRNewswire/ -- Waste Connections, Inc. (NYSE: WCN), in conjunction with its announcement today of an agreement to combine with Progressive Waste Solutions Ltd., announced preliminary results for the fourth quarter of 2015.

The Company expects to report the following preliminary results for the fourth quarter:

-       Total revenue of $531.9 million, with combined solid waste price and volume growth of 4.8%;

-       Adjusted EBITDA* of $175.6 million, or 33.0% of revenue; and

-       GAAP EPS of $0.42 and adjusted... More

Waste Connections And Progressive Waste Solutions Agree To Combine To Create Leading Solid Waste Services Company Focused On Differentiated Markets

January 19, 2016 6:30 AM UTC

THE WOODLANDS, Texas and TORONTO, Jan. 19, 2016 /PRNewswire/ -- Waste Connections, Inc. (NYSE: WCN) and Progressive Waste Solutions Ltd. (NYSE: BIN) (TSX: BIN) today announced that they have entered into a definitive agreement to merge in an all-stock transaction. Upon the completion of the transaction, Waste Connections stockholders will own approximately 70% of the combined company, and Progressive Waste shareholders will own approximately 30%. The transaction has been unanimously approved by both companies' Boards of Directors and is expected to... More

Waste Connections Announces Dates for Fourth Quarter 2015 Earnings Release and 2016 Outlook

January 18, 2016 3:58 PM UTC

THE WOODLANDS, Texas, Jan. 18, 2016 /PRNewswire/ -- Waste Connections, Inc. (NYSE: WCN) announced that it will report financial results for the fourth quarter of 2015 and outlook for the full year 2016 after the close of the stock market on February 8, 2016.  The Company will be hosting an investor conference call related to this release on February 9th at 8:30 A.M. Eastern Time.

To access the call, listeners should dial 800-908-8375 (domestic) or 212-231-2937 (international) approximately 10... More