trending Market Intelligence /marketintelligence/en/news-insights/trending/uKvmFklJAHtNoLaVrWB8Fg2 content esgSubNav
In This List

Waste Connections Q3 profit falls YOY

Blog

Live TV still dominates most TV viewing in Asia

Blog

Netflix amortized content spend estimated at $13.6 billion in 2021

Blog

Insight Weekly: SPAC momentum builds on; higher rates fear; copper prices rebound

Blog

Credit Risk Trends for Telecom & Tech: A Mid-Year 2021 Outlook


Waste Connections Q3 profit falls YOY

Waste Connections Inc. said its third-quarter normalized net income was 34 cents per share, a decrease of 5.9% from 36 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $63.1 million, a decline of 7.0% from $67.9 million in the year-earlier period.

The normalized profit margin fell to 11.4% from 12.4% in the year-earlier period.

Total revenue totaled $547.9 million, compared with $546.6 million in the prior-year period, and total operating expenses rose on an annual basis to $428.9 million from $421.5 million.

Reported net income came to a loss of $256.4 million, or a loss of $1.39 per share, compared with income of $59.9 million, or 32 cents per share, in the prior-year period.