Waste Connections Inc (NYSE:WCN)
$ 179.95 -4.29 (-2.33%) Market Cap: 47.54 Bil Enterprise Value: 55.90 Bil PE Ratio: 50.62 PB Ratio: 5.75 GF Score: 94/100

Q4 2020 Waste Connections Inc Earnings Call Transcript

Feb 18, 2021 / 01:30PM GMT
Release Date Price: $99.61 (+1.39%)
Operator

Greetings, and welcome to the Waste Connections Fourth Quarter 2020 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded, Thursday, February 18, 2021.

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, everyone. I'd like to welcome everyone to this conference call to discuss our fourth quarter results and outlook for both the first quarter and full year 2021. I'm joined this morning by Mary Anne Whitney, our CFO.

As noted in our earnings release, Q4 capped off a remarkable year for Waste Connections, culminating in a solid beat in the period and providing a higher entry point into 2021. A more than 250 basis points higher-than-expected improvement in solid waste volumes and increased values for recycled commodities and renewable fuels drove adjusted EBITDA margins 50 basis points above expectations for the quarter.

Moreover

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