Apr. 22 at 10:08 PM
Heads up alert! Only one day until Upcoming earnings on Wednesday, 4/23/2025 for
$WCN Bearish (2.5)
Waste Connections (WCN) is currently facing headwinds as it approaches its upcoming earnings report.
Despite being mentioned among firms likely to exceed earnings estimates, recent trends indicate a mixed outlook.
The stock has seen fluctuations, including a 4.1% decline this week, which mirrors a general slowing in returns in comparison to earnings growth.
The company has shown consistent revenue growth, supported by strategic acquisitions and shareholder-friendly policies.
However, its P/E ratio remains elevated compared to industry peers, suggesting that it is trading at a premium, which could raise concerns among investors.
The latest earnings estimates suggest an EPS growth that may not fully meet market expectations, as analysts anticipate a challenging quarter.
Revenue forecasts indicate modest growth, but the potential for an earnings beat appears limited given current market conditions and stock performance.
Looking ahead, Waste Connections is scheduled to report its Q1 earnings on April 23, 2025.
Analysts are cautiously optimistic, with consensus estimates reflecting expectations for steady revenue but a challenging environment for margin expansion.
Historically, Waste Connections has exhibited strong performance in earnings releases, often surpassing analyst expectations.
However, given the recent performance and analyst projections, any earnings surprises may be muted.
Investors should closely monitor the upcoming earnings report for indications of how the company is navigating current market dynamics and whether it can sustain its growth trajectory amid increasing operational challenges.
The potential impact of macroeconomic factors on earnings performance will also be a critical component in assessing the stock's future outlook.
- Funds were net buyers of
$WCN during the previous reporting quarter.
- Top 5 funds with large holdings in
$WCN:
* Bill & Melinda Gates Foundation Trust
$369MM. CGMFundRank: 89%, Fund Website: www.gatesfoundation.org
* Skye Global Management LP
$111MM. CGMFundRank: 53%, Fund Website: www.edgr.io
* Sands Capital Management LLC
$102MM. CGMFundRank: 60%, Fund Website: www.sandscapital.com
* Westfield Capital Management Company LP
$60MM. CGMFundRank: 62%, Fund Website: www.westfieldcapital.com
* Balyasny Asset Management LLC
$30MM. New position. CGMFundRank: 92%, Fund Website: www.bamfunds.com
- Last 10 days performance: 7%
- Last 30 days performance: 5%
- Last 90 days performance: 11%
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