Q1 earnings results for major waste and recycling companies
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors, Enviri and Stericycle.
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WM credits cost savings, strong EBITDA margins for positive Q1
By Megan Quinn • April 25, 2024
CEO Jim Fish said the company “outperformed our own high expectations” for Q1 through cost savings in labor and operations. Expiring RNG tax credits and anticipated MRF upgrade costs are expected to become headwinds. Read the full article ➔
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Republic announces progress on polymer centers, growth from M&A in Q1
By Jacob Wallace • May 1, 2024
The company reported another quarter of revenue growth, thanks in part to rising commodity prices and recycling investments yielding results. Read the full article ➔
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Waste Connections seeing labor retention improvements as it eyes ‘record’ M&A year
By Jacob Wallace • April 25, 2024
The company reported better-than-expected revenue for a quarter which included a sizable acquisition in Indiana. CEO Ron Mittelstaedt also shared updated thoughts on how PFAS regulations will affect the sector. Read the full article ➔
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GFL eyes new opportunities in Canada amid improving cash outlook
By Jacob Wallace • May 2, 2024
Revenues outperformed expectations and costs improved in the first quarter of the year, executives said, leading to an updated outlook for the company for the full year. Read the full article ➔
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Casella highlights pricing growth, infrastructure project progress in Q1
By Megan Quinn • April 26, 2024
The Northeastern company detailed plans for fleet optimization, M&A positioning and major mid-2024 facility projects related to rail and RNG improvements. Read the full article ➔
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Clean Harbors announces Noble Oil acquisition, ‘stronger than expected’ Q1
By Megan Quinn • May 2, 2024
Clean Harbors is also in the process of integrating its recent HEPACO acquisition, and its Safety-Kleen segment will soon partner with Castrol on a recycled lubricant partnership. Read the full article ➔
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Enviri pauses Harsco rail sale plans but reports positive outlook for Q1
By Megan Quinn • May 2, 2024
Enviri executives focused on cost savings and improved debt leverage as the company reconsolidates rail assets, which it had trouble selling despite interest from buyers. Read the full article ➔
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Stericycle reports progress on workforce and fleet optimization plan, touts new document service
By Megan Quinn • April 26, 2024
The company reported margin improvement from various cost saving measures, and shared construction updates for an upcoming incinerator project in Nevada. Read the full article ➔
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Public waste companies spent nearly $1.3B on M&A in Q1, but deals were few
By Cole Rosengren • May 6, 2024
Waste Connections led the group with multiple notable transactions, including a large E&P waste purchase, but other companies had a more muted start to the year. Read the full article ➔
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- Q4 earnings results for major waste and recycling companies By Waste Dive Staff • Updated March 6, 2024
