Waste Connections is anticipated to report Q1 2026 revenue of $2.50 billion and earnings per share of $1.19, with the current stock price of $159.63 trading significantly below the average analyst target of $202.81.
The key story for this earnings report is the trajectory of Adjusted EBITDA Margins, as investors look for management to confirm full-year guidance in the 33.3% to 33.4% range.
The company continues to rely on robust core pricing power to offset moderate volume declines and persistent labor cost inflation in a challenging macroeconomic environment. Additionally, shareholders are closely monitoring progress on its portfolio of renewable natural gas facilities and the pace of tuck-in acquisition integration to sustain long-term free cash flow growth.