WCN

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Waste Connections (NYSE:WCN) and its peers. Waste management companies can possess licenses permitting them to handle hazardous materials. Furthermore, many services are performed through contracts and statutorily mandated, non-discretionary, or recurring, leading to more predictable revenue streams. However, regulation can be a headwind, rendering existing services obsolete or forcing companies to invest precious capital to comply with new, more environmentally-friendly rules. Lastly, waste management companies are at the whim of economic cycles. Interest rates, for example, can greatly impact industrial production or commercial projects that create waste and byproducts. The 8 waste management stocks we track reported a slower Q1. As a group, revenues missed analysts’ consensus estimates by 2.7%. Thankfully, share prices of the companies have been resilient as they are up 9.1% on average since the latest earnings results. Operating a network of municipal solid waste landfills in the U.S. and Canada, Waste Connections (NYSE:WCN) is North America's third-largest waste management company providing collection, disposal, and recycling services. Waste Connections reported revenues of $2.37 billion, up 6.4% year on year. This print exceeded analysts’ expectations by 0.8%. Overall, it was a satisfactory quarter for the company with a narrow beat of analysts’ EBITDA estimates. Waste Connections achieved the biggest analyst estimate beat of the whole group. Unsurprisingly, the stock is up 8.4% since reporting and currently trades at $169.67. Is now the time to buy Waste Connections? Access our full analysis of the earnings results here, it’s free. Processing several million tons of recyclables annually, Republic (NYSE:RSG) provides waste management services for residences, companies, and municipalities. Republic Services reported revenues of $4.11 billion, up 2.6% year on year, in line with analysts’ expectations. The business had a satisfactory quarter with a decent beat of analysts’ EBITDA estimates. The market seems happy with the results as the stock is up 11.3% since reporting. It currently trades at $224.39. Is now the time to buy Republic Services? Access our full analysis of the earnings results here, it’s free. Tackling hazardous wa...

Wall Street expects a year-over-year increase in earnings on higher revenues when Waste Connections (WCN) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 22. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This solid waste services provider is expected to post quarterly earnings of $1.35 per share in its upcoming report, which represents a year-over-year change of +4.7%. Revenues are expected to be $2.54 billion, up 5.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.21% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive p...

TORONTO, June 23, 2026--(BUSINESS WIRE)--Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the second quarter of 2026 after the close of the stock market on July 22, 2026. The Company will be hosting an investor conference call related to this release on July 23rd at 8:30 A.M. Eastern Time. A live audio webcast of the conference call can be accessed by visiting investors.wasteconnections.com and selecting "Events & Presentations" from the website menu. Alternatively, conference call participants can preregister by clicking here. Registered participants will receive dial-in instructions and a personalized code for entry to the conference call. Shortly after the conclusion of the conference call, a webcast replay will be available on the Waste Connections investor website or by clicking here. Waste Connections may participate in investor conferences and presentations throughout the year. A schedule of investor events can be found by visiting investors.wasteconnections.com. During the 24-hour period prior to any scheduled presentations, the Company will post any presentation slides on its website under "Events & Presentations." About Waste Connections Waste Connections (wasteconnections.com) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S. and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Waste Connections views its Environmental, Social and Governance ("ESG") efforts as integral to its business, with initiatives consistent with its objective of long-term value creation and focused on reducing emissions, increasing resource recovery of both recyclable commodities and clean energy fuels, reducing reliance on off-site disposal for landfill leachate, further improving safety and enhancing employee engag...

A month has gone by since the last earnings report for Clean Harbors (CLH). Shares have added about 1.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Clean Harbors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. Clean Harbors, Inc. reported mixed first-quarter 2026 results. Earnings per share (EPS) beat the Zacks Consensus Estimate, while revenues missed the same. CLH posted first-quarter of 2026 earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.15 by 3.5%. Revenues came in at $1.46 billion, missing the consensus mark of $1.47 billion by 0.4%. Earnings grew 9.2% year over year, while revenues increased 1.9%. Management highlighted stronger profitability in both operating segments, supported by disciplined pricing and a late-quarter lift in base oil pricing, alongside a record-low Total Recordable Incident Rate (TRIR) of 0.39. Clean Harbors described the quarter as better than expected, with higher profitability across both operating segments despite weather-related disruptions that weighed on parts of the collection and services business in February. Management also pointed to continued momentum exiting the quarter, framing the operating backdrop as supportive for its disposal and recycling network, with added tailwinds from project services and PFAS-related opportunities. Environmental Services generated first-quarter revenues of $1.24 billion, up 2.9% from the year-ago quarter. The company attributed growth to project services, including PFAS-related work and emergency response activity, while citing healthy demand for disposal and recycling services. Operationally, the company reported Technical Services revenue growth of 5% and Safety-Kleen Environmental Services revenue growth of 7%, aided by pricing and higher volumes. Incineration utilization, including the Kimball incinerator, was 80% versus 81% a year ago, reflecting planned maintenance days and weather impacts. Landfill volumes increased 34% and Field Services revenues rose 7%, including a large-scale emergency event that generated approximately $10 million in revenues. Safety-Kleen Sustainability Solutions posted revenues of $217.1 m...

Booz Allen Hamilton Holding Corporation BAH reported mixed fourth-quarter fiscal 2026 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same. The company’s fourth-quarter fiscal 2026 adjusted earnings per share of $1.78 surpassed the consensus mark of $1.32 and increased 10.6% year over year. Revenues of $2.78 billion missed the consensus estimate of $2.88 billion and declined 6.4% from the year-ago quarter. BAH continued to benefit from strength in its National Security business, while Civil operations remained under pressure amid difficult market conditions. Booz Allen Hamilton Holding Corporation price-consensus-eps-surprise-chart | Booz Allen Hamilton Holding Corporation Quote Adjusted EBITDA declined 2.2% year over year to $309 million. The adjusted EBITDA margin on revenues expanded 50 basis points to 11.1% due to disciplined cost management and strong contract execution. Adjusted net income increased 5.9% year over year to $215 million. GAAP net income rose 6.2% to $205 million, while GAAP earnings per share improved 10.5% to $1.68. The company noted that profitability benefited from lower taxes, a reduced share count and unrealized investment gains. Operating income totaled $263 million compared with $274 million in the prior-year quarter. Booz Allen’s revenues, excluding billable expenses, decreased 6.8% year over year to $1.91 billion. Per management, the Civil business continued to face challenging comparisons and lower demand levels. Civil operations were affected by contract reductions and lower Treasury-related work. Management expects the Civil portfolio to remain under pressure in the first half of fiscal 2027, although demand trends are improving gradually. Meanwhile, the National Security portfolio continued to support overall performance. The business benefited from strong demand in intelligence, cyber and defense technology programs. Total backlog increased 3.1% year over year to a record $38 billion. The company reported a quarterly book-to-bill ratio of 0.9X and a trailing 12-month book-to-bill ratio of 1.1X. Management highlighted strong momentum in cyber and defense technology opportunities. During the quarter, Booz Allen secured a $937 million engineering and technology contract supporting the U.S. Army’s modernization initiatives. The company continued investing in AI-enabled cyber offerings and ad...

A month has gone by since the last earnings report for Waste Connections (WCN). Shares have lost about 7.8% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Waste Connections due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Waste Connections, Inc. before we dive into how investors and analysts have reacted as of late. Waste Connections, Inc. reported impressive first-quarter 2026 results, with both earnings and revenues beating the Zacks Consensus Estimate. WCN’s first-quarter earnings of $1.23 per share beat the Zacks Consensus Estimate by 3.4% and increased 8.9% year over year. Total revenues came in at $2.4 billion, marginally surpassing the consensus estimate and rising 6.4% from the year-ago quarter. The company logged $1.7 billion in revenues from the Solid Waste Collection segment, which gained 5.4% year over year. In the Solid Waste Disposal and Transfer segment, revenues increased 6.7% from the year-ago quarter to $386.1 million. These segments improved, backed by solid core pricing. The Solid Waste Recycling segment witnessed a 12.9% year-over-year decline in revenues to $51.6 million. For the E&P Waste Treatment, Recovery and Disposal segment, revenues totaled $179.5 million, marking a 24.2% year-over-year increase. The Intermodal and Other segment recorded $49 million in revenues, up 6.1% from the year-ago quarter. Adjusted EBITDA in the reported quarter was $769.5 million, up 8% from the year-ago quarter. The adjusted EBITDA margin was 32.5%, up 50 basis points from the first quarter of 2025. The company recorded an operating income of $390.2 million, which rose 7.1% from the year-ago quarter’s recorded figure. Waste Connections exited the first quarter of 2026 with cash and cash equivalents of $112.4 million, up from $46 million in the preceding quarter. The long-term portion of debt and notes payable was $9 billion, compared with $8.8 billion in the fourth quarter of 2025. In the reported quarter, WCN generated $546 million in cash from operating activities. The adjusted free cash flow was $245.9 million. Capital expenditure totaled $296.6 million. The company paid out $88.7 million in dividends during the quarter. Since the earnings release, investors have witne...

TORONTO, May 15, 2026--(BUSINESS WIRE)--Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced the results of its annual meeting of shareholders (the "Meeting"). All eight director nominees in the Company’s 2026 management information circular and proxy statement (the "Proxy Statement") were nominated and elected as directors of the Company at the Meeting. Each director will serve until the close of the next annual meeting of shareholders or until his or her earlier resignation, or his or her successor is duly elected or appointed. Detailed results of the vote are: All director nominees were elected in accordance with the majority voting policy included in the Company’s Corporate Governance Guidelines and Board Charter, with each receiving a majority of the total votes cast in respect of his or her election. The shareholders approved on a non-binding, advisory basis the compensation of the Company’s named executive officers as disclosed in the Proxy Statement ("Say-on-Pay"). The shareholders approved the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for 2026 and authorized the Company’s Board of Directors to fix the remuneration of the independent registered public accounting firm. Final voting results on all matters considered at the Meeting will be filed with the U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada. About Waste Connections Waste Connections (wasteconnections.com) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S. and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Waste Connections views its Environmental, Social and Governance ("ESG") efforts as integral to its business, with initiatives consistent with its objective...

Green Dot Corporation GDOT reported impressive first-quarter 2026 results, with both earnings and revenues beating the Zacks Consensus Estimate. GDOT’s adjusted earnings of $1.12 per share beat the Zacks Consensus Estimate of 88 cents by 27.3% and increased 6% from the year-ago quarter. Total adjusted operating revenues of $652 million surpassed the consensus mark by 9.1% and rose 17% year over year. The upside was driven by strong momentum in the Business to Business (B2B) Services and Money Movement businesses, particularly tax processing and embedded finance operations. However, the better-than-expected results failed to impress investors, as the stock has barely moved since the earnings release on May 11. Green Dot Corporation price-consensus-eps-surprise-chart | Green Dot Corporation Quote Green Dot’s B2B Services revenues increased 22% year over year to $417.5 million in the first quarter of 2026. The improvement was primarily driven by continued strength from a large Banking-as-a-Service (BaaS) partner, as well as growth from existing partners and new launches. BaaS active accounts climbed 17% from the prior-year quarter as the company expanded relationships with partners and introduced new products and services. Gross dollar volume within the division increased 22%, reflecting strong transaction activity across several strategic partners. The rapid! Paycard business remained under pressure due to weakness in the staffing industry. Revenues in the unit declined 12%, while active accounts fell 13%. However, management noted that the pace of decline moderated during the quarter as expense reduction initiatives and earned wage access investments supported profitability. Money Movement Services revenues rose 19% year over year to $130.7 million. The increase was led by tax processing operations, aided by a strong tax season and the launch of a large franchise partner. The Tax Processing division’s revenues jumped 28% despite a 3% decline in tax refunds processed year over year. The business benefited from higher adoption of value-added products and services across its partner network. Money processing revenues declined due to lower transaction activity tied to Green Dot-issued accounts. Revenue-generating cash transfers from GDOT-issued accounts fell 16%, while third-party cash transfer volumes decreased 3%. Per management, excluding two lower-revenue par...

Charles River Associates CRAI reported mixed first-quarter fiscal 2026 results, wherein earnings missed the Zacks Consensus Estimate while revenues beat the same. The company’s adjusted earnings of $1.99 per share missed the Zacks Consensus Estimate of $2.02 per share and declined 10.4% year over year. Revenues of $201 million topped the Zacks Consensus Estimate of $193.3 million and increased 10.5% year over year, driven by continued demand across the company’s legal and regulatory consulting, and management consulting businesses. The stock has barely moved since the release of results on May 7, reflecting poor quarterly earnings performance and weak revenue guidance for fiscal 2026. Charles River Associates price-consensus-eps-surprise-chart | Charles River Associates Quote For fiscal 2026, CRAI expects revenues to be in the range of $785-$805 million on a constant-currency basis. The midpoint of $795 million is lower than the Zacks Consensus Estimate of $797 million. CRAI’s costs of services increased to $145 million from $120.4 million in the prior-year quarter, primarily due to higher compensation-related expenses. As a percentage of revenues, the same increased to 72.2% from 66.2% a year ago. Selling, general and administrative expenses increased 6.1% year over year to $34.5 million but improved as a percentage of revenues to 17.2% from 17.9% in the prior-year quarter. Income from operations declined to $18 million from $25.5 million reported in the year-ago quarter. Operating margin contracted to 9% from 14% in the prior-year quarter. Net income decreased to $11.1 million, or $1.69 per share, from $18 million, or $2.62 per share, in the year-ago quarter. Non-GAAP net income declined to $13.1 million from $15.3 million a year ago. Adjusted EBITDA was $23.2 million, or 11.5% of revenues, compared with $24.8 million, or 13.6% of revenues, in the year-ago quarter. Management stated that AI is acting as both a “demand amplifier” and a “productivity enhancer” for the company’s consulting business. Charles River noted that increasing AI adoption across industries is creating more complexity in litigation, regulation, competition and governance matters, which is expected to support future demand for the company’s expertise-driven advisory services. The company also emphasized that its deep bench of advanced-degree professionals and experts favorably positions...

Maximus MMS reported mixed second-quarter fiscal 2026 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the same. MMS’ adjusted earnings per share of $2.07 beat the consensus mark by 4.6% and increased 3% year over year. Revenues of $1.31 billion missed the consensus mark by 1.1% and declined 4.1% from the year-ago quarter due to lower natural disaster support work and temporary clinical volume surges in domestic segments. However, the reported quarterly earnings beat did not impress investors, as the stock has declined 7.7% since the earnings release on May 7, reflecting poor quarterly revenue performance and weak revenue guidance for fiscal 2026. Maximus, Inc. price-consensus-eps-surprise-chart | Maximus, Inc. Quote Maximus guided revenues in the range of $5.2-$5.35 billion. The midpoint of $5.275 billion for fiscal 2026 was lower than the Zacks Consensus Estimate of $5.32 billion. The U.S. Federal Services segment generated revenues of $753.1 million, down 3.2% year over year due to the absence of elevated natural disaster support work. Excluding disaster-related work, the segment posted 1.5% organic growth. The U.S. Services segment’s revenues declined 6% year over year to $415.8 million, reflecting lower clinical volumes. Outside the U.S. segment revenues decreased 3.1% year over year to $137.1 million. Operating income totaled $148.5 million compared with $153 million in the prior-year quarter. Operating margin improved 20 basis points year over year to 11.4%, while adjusted EBITDA margin expanded to 14.4% from 13.7%, driven by efficiencies enabled by automation and AI tools. The U.S. Federal Services segment operating margin expanded to 17.6% from 15.3% a year ago, supported by technology initiatives and automation that enabled higher processing volumes without a proportional increase in labor costs. The U.S. Services segment operating margin was 9.3%, down from 12.2% in the prior-year quarter due to a $6.9 million non-cash impairment charge related to a software asset. Excluding the charge, segment margin was 10.9%. Management highlighted growing traction in AI-enabled offerings and automation initiatives. The company stated that generative and probabilistic AI solutions are automating nearly half of certain high-volume dispute resolution workflows, enabling employees to focus on more complex cases and improving operat...

ICF ICFI reported unimpressive first-quarter 2026 results, with both earnings and revenues missing the Zacks Consensus Estimate. The company’s first-quarter 2026 adjusted earnings of $1.50 per share missed the Zacks Consensus Estimate of $1.55 by 3.2% and declined 22.7% year over year. Revenues of $437.5 million decreased 10.3% from the prior-year quarter and missed the consensus mark of $449.8 million by 2.7%. The stock has declined 6.6% since the release of results on May 7, reflecting poor quarterly performance and low confidence among shareholders. ICF International, Inc. price-consensus-eps-surprise-chart | ICF International, Inc. Quote The quarterly performance reflected the timing shift of nearly $12 million in commercial energy and international government project work. Still, federal government revenues rose 8.6% sequentially, while contract awards totaled $450 million, resulting in a quarterly book-to-bill ratio of 1.03. Commercial revenues increased 1.9% year over year to $146.3 million and accounted for 33.4% of total revenues compared with 29.6% in the year-ago quarter. Commercial energy revenues represented 87.7% of total commercial revenues. Management noted that approximately $8 million in commercial energy project work shifted beyond the quarter under fixed-price contracts. Excluding this timing impact, commercial energy revenues would have posted stronger growth. Demand remained healthy for energy efficiency, electrification, flexible load management and grid optimization programs. International government revenues increased 17.5% year over year to $31.8 million, aided by recent contract wins from the United Kingdom and European Union clients. The segment represented 7.3% of total revenues compared with 5.6% in the prior-year quarter. State and local government revenues were flat year over year at $77 million. ICF continued to benefit from disaster recovery and mitigation-related engagements and supported more than 75 active disaster recovery programs across 22 states and territories during the quarter. U.S. federal government revenues declined 23.7% year over year to $182.3 million due to contract cancellations that occurred between February and May 2025. However, revenues improved 8.6% sequentially from fourth-quarter 2025 levels. Management stated that federal operations stabilized during the quarter, supported by technology modernizatio...

Arm Holdings plc ARM reported fourth-quarter fiscal 2026 revenues of $1.49 billion, up 20% year over year and above expectations. Adjusted earnings per share came in at 60 cents, beating the Zacks Consensus Estimate by 2 cents. The company also delivered its highest quarterly revenue in history, underscoring the accelerating adoption of Arm-based architectures across cloud, AI and edge computing workloads. Image Source: ARM For the full fiscal year, revenues climbed 23% year over year to a record $4.92 billion. Licensing revenues increased 25% to $2.31 billion, while royalty revenues rose 21% to $2.61 billion. Non-GAAP EPS reached a record $1.77. A major contributor was continued strength in cloud AI deployments. Management noted that data-center royalty revenues more than doubled year over year, fueled by hyperscaler adoption of Arm-based server CPUs, networking chips, DPUs and SmartNICs. ARM also highlighted that it now commands nearly 50% share among top hyperscaler cloud compute deployments. Licensing revenues rose 29% year over year during the quarter to $819 million, reflecting strong customer demand for next-generation compute architectures and ARM’s Compute Subsystems (CSS). Annualized contract value, a key indicator of underlying licensing momentum, grew 22% year over year. Management signed two additional next-generation CSS agreements during the quarter, including one tied to smartphone chips and another for data-center networking silicon. The company also expanded strategic partnerships globally, including an AI technology collaboration with the Indonesian government. Importantly, Arm Holdings’ licensing momentum suggests customers are increasing long-term commitments around AI infrastructure, custom silicon and edge AI deployments. The biggest strategic development this quarter was the growing traction surrounding the Arm AGI CPU platform. Management revealed customer demand across fiscal 2027 and 2028 now exceeds $2 billion, more than double the level discussed during the company’s March Arm Everywhere event. The AGI CPU platform is designed specifically for agentic AI workloads, where CPUs increasingly coordinate tasks, move data, manage memory, enforce security and orchestrate AI accelerators. Management believes data centers may eventually require more than four times the current CPU capacity as agentic AI scales globally. Arm Holdings expec...