Published on 26 Feb 2024 on Zacks via Yahoo Finance
Waste Connections, Inc. (WCN) Hits Fresh High: Is There Still Room to Run?
Have you been paying attention to shares of Waste Connections (WCN)? Shares have been on the move with the stock up 10.2% over the past month. The stock hit a new 52-week high of $171 in the previous session. Waste Connections has gained 14% since the start of the year compared to the 9% move for the Zacks Business Services sector and the 12.6% return for the Zacks Waste Removal Services industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on February 13, 2024, Waste Connections reported EPS of $1.11 versus consensus estimate of $1.08.