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Waste Connections, Inc. (WCN) reported third-quarter 2025 results on October 21, with adjusted earnings of $1.44 per share, surpassing the Zacks Consensus Estimate by 4.4% and increasing 6.7% year-over-year. Revenues reached $2.5 billion, beating estimates and growing 5.1% compared to the previous year.
For 2025, Waste Connections projects revenues of $9.45 billion, slightly below the Zacks Consensus Estimate of $9.46 billion. The company ended the quarter with cash and cash equivalents of $117.6 million and long-term debt of $8.6 billion.
Key segments included: Solid Waste Collection revenues of $1.7 billion, up 6.6%; E&P Waste Treatment revenues rose 21.6% to $179.1 million; however, Solid Waste Recycling revenues fell 16.2% to $56.2 million.
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