Earnings Outlook For Waste Connections
Portfolio Pulse from Benzinga Insights
Waste Connections (NYSE:WCN) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $1.30. Investors are keen on whether the company will surpass estimates and provide favorable guidance, which can significantly impact stock prices. In the past, even an EPS beat led to a share price drop, highlighting the importance of guidance.
October 22, 2024 | 2:02 pm
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Waste Connections is expected to report an EPS of $1.30. Investors are focused on whether the company will exceed estimates and provide positive guidance, which could influence stock price movements. Past performance shows that even an EPS beat can lead to a price drop if guidance is not favorable.
The upcoming earnings report is crucial for Waste Connections as it will reveal if the company meets or exceeds the expected EPS of $1.30. Historical data shows that even when EPS beats estimates, the stock price can drop if the guidance is not positive. Therefore, the guidance provided will be a key factor in determining the short-term stock price movement.
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