Waste Connections Shares Fall After 1Q Earnings Miss

By Adriano Marchese

Waste Connections Inc. shares fell early Wednesday after the company's first-quarter earnings missed expectations.

At 9:54 a.m. ET, the company's Toronto-listed shares were down 2.9% at C$167.04.

On Tuesday after markets closed, the Canadian garbage collection company said earnings per share were 69 cents, up from 61 cents a year earlier but missing the FactSet consensus forecast of 71 cents.

On an adjusted basis, EPS was 82 cents, shy of analyst expectations of 83 cents.

Meanwhile, revenue rose 18% to $1.65 billion.

Write to Adriano Marchese at [e-mail]

(END) Dow Jones Newswires

05-04-22 1014ET