Waste Connections 2Q Earnings Pregame Scorecard

Having exceeded expectations last quarter by one cent per share, Waste Connections (NYSE:WCN) is scheduled to report again on Monday.

Expectations

Analysts currently expect Waste Connections to come in with earnings of 36 cents per share on revenues of $409.9 million. Estimates from analysts range from 36 cents per share to 38 cents per share. Over the past three months, the average estimate has moved down from 39 cents.

Stock Movement

Recently, the stock price has been rising Since June 21, 2012 business days the stock has risen $1.80 per share. Looking at change over the last three months, April 19, 2012 and July 16, 2012, the stock price fell $1.81 (-5.6%), from $32.52 to $30.71.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as five analysts rate it as a buy and there are no sell ratings.

Last Quarter's Results

In the first quarter, profit fell 14.3% to $31.3 million (27 cents a share) from $36.5 million (32 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 13.6% to $376.4 million from $331.5 million.

Summary

Reporting Period: 2Q

Date of Release: Monday, July 23, 2012

EPS: 36 cents

Revenue Estimate: $409.9 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)