Solid Waste First Quarter Themes and Takeaways
Over the past two weeks, the publicly-traded solid waste companies reported first quarter earnings and a number of them updated guidance. In this month’s edition of Business Report, we present highlights and takeaways from the reports and follow-up conference calls. Price Strength Surprises; More Volume to Come Waste Management (WM), Waste Connections (WCN) and GFL Environmental (GFL) all reported yield or price growth above expectations and at the high end or above their own full year guidance. A disciplined pricing environment, returning volumes, lower churn and better retention were all...
Source: waste360.com