Waste Connections Inc.: Initiation of Coverage – 4 Pivotal Factors Driving Its Performance In 2024 & Beyond! 

Waste Connections, Inc. reported a strong start to 2024, delivering better-than-expected operating and financial results, including adjusted EBITDA margin expansion of 160 basis points to 31.4% in Q1. The company’s earnings exceeded projections due to improvements in employee retention and safety trends, along with rising commodity values. Waste Connections management highlighted several notable trends impacting its business, including continued improvement in employee turnover rates and safety incidents, suggesting an effective culture of accountability within the company.