Oppenheimer Brokers Decrease Earnings Estimates for Waste Connections Inc (WCN)

Waste Connections Inc (TSE:WCN) – Investment analysts at Oppenheimer dropped their FY2017 earnings per share (EPS) estimates for shares of Waste Connections in a report issued on Wednesday. Oppenheimer analyst N. Kaye now expects that the company will earn $2.67 per share for the year, down from their previous forecast of $2.68. Oppenheimer also issued estimates for Waste Connections’ Q4 2017 earnings at $0.61 EPS, Q1 2018 earnings at $0.68 EPS, Q2 2018 earnings at $0.80 EPS, Q3 2018 earnings at $0.86 EPS, Q4 2018 earnings at $0.75 EPS, FY2018 earnings at $3.11 EPS and FY2019 earnings at $3.37 EPS.

WCN has been the topic of a number of other research reports. Royal Bank of Canada raised their target price on Waste Connections to C$102.50 and gave the company an “outperform” rating in a report on Friday, October 27th. TD Securities raised their target price on Waste Connections to C$95.00 and gave the company a “hold” rating in a report on Friday, October 27th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of C$88.92.

Waste Connections (TSE WCN) opened at C$82.80 on Friday. Waste Connections has a fifty-two week low of C$69.69 and a fifty-two week high of C$94.86. The firm has a market capitalization of $23,030.00, a P/E ratio of 52.86 and a beta of -0.23.

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Waste Connections Company Profile

Waste Connections, Inc, a solid waste services company, provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, office paper, plastic containers, glass bottles, and ferrous and aluminum metals.

Earnings History and Estimates for Waste Connections (TSE:WCN)

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