Waste Connections WCN Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 23, 2026 astatine 9:57 AM CDT 40 min read

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Thursday, April 23, 2026 astatine 8:30 a.m. ET

• Chief Executive Officer — Ronald J. Mittelstaedt

• Chief Financial Officer — Mary Anne Whitney

• Operator

As noted successful our net release, we are good positioned for 2026 pursuing a beardown start, with upside imaginable from caller trends. We not lone exceeded expectations for gross and EBITDA, but delivered EBITDA borderline of 32.5%, up 90 ground points twelvemonth implicit twelvemonth excluding commodity impacts, successful spite of outsized upwind impacts and successful beforehand of recovering higher substance costs. Against the volatile macroeconomic and geopolitical backdrop, our results bespeak the durability of our exemplary and consistency of execution arsenic we proceed to payment from improved operating trends, on with caller increases successful commodities and peculiar discarded activity.

To get into much detail, fto maine crook the telephone implicit to Mary Anne for our forward-looking disclaimer and different housekeeping items.

Mary Anne Whitney: Thank you, Ron, and bully morning. The treatment during today's telephone includes forward-looking statements made pursuant to Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including forward-looking accusation wrong the meaning of applicable Canadian securities law. Actual results could disagree materially from those made successful specified forward-looking statements owed to assorted risks and uncertainties. Factors that could origin existent results to disagree are discussed wrong the cautionary connection included successful our April 22 net release, and successful greater item successful Waste Connections, Inc. filings with the U.S. Securities and Exchange Commission and the securities commissions oregon akin regulatory authorities successful Canada. You should not spot undue reliance connected forward-looking statements.

There whitethorn beryllium further risks of which we are not presently alert oregon that we presently judge are immaterial that could person an adverse interaction connected our business. We marque nary committedness to revise oregon update immoderate forward-looking statements to bespeak events oregon circumstances that whitethorn alteration aft today's date. On the call, we volition sermon non-GAAP measures specified arsenic adjusted EBITDA, adjusted nett income connected some a dollar ground and per diluted share, and adjusted escaped currency flow. Please notation to our net releases for a reconciliation of specified non-GAAP measures to the astir comparable GAAP measures. Management uses definite non-GAAP measures to measure and show the ongoing fiscal show of our operations.