Waste Connections Inc (TSX:WCN)
C$ 261.97 -1.27 (-0.48%) Market Cap: 67.61 Bil Enterprise Value: 79.47 Bil PE Ratio: 50.78 PB Ratio: 5.77 GF Score: 93/100

Q3 2022 Waste Connections Inc Earnings Call Transcript

Nov 03, 2022 / 12:30PM GMT
Release Date Price: C$190.21 (+6.81%)
Operator

Good morning, and welcome to the Waste Connections Q3 2022 Earnings Conference Call. (Operator Instructions)

I would now like to turn the conference over to Worthing Jackman, President and CEO. Please go ahead.

Worthing F. Jackman
Waste Connections, Inc. - President, CEO & Director

Thank you, operator, and good morning. And congrats to the (inaudible) last night. Yes, Jason Craft, you can pay me now. I'd like to welcome everyone to this conference call to discuss our third quarter results and to provide a detailed outlook for the fourth quarter and updated outlook for 2022 as well as some early thoughts about 2023. I'm joined this morning by Mary Anne Whitney, our CFO. As noted in our earnings release, strong execution once again provided for better-than-expected results, driven in the third quarter by continued acceleration of solid waste pricing and higher E&P waste activity, along with acquisitions closed during the period. Most notably, we overcame 50 basis points in incremental headwinds, primarily from the precipitous decline in recycled

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