Toronto-based Waste Connections (TSX/NYSE: WCN) reported Q3 revenue of $1.880 billion, exceeding expectations for the quarter.
Despite the plummet of recycled commodities prices in September, the company saw revenue up 17.7 percent year over year, about $15 million above the anticipated outlook.
“We’re extremely pleased by the strength of our results in Q3,” said president and CEO Worthing Jackman. “Continued pricing acceleration and strong execution enabled us to overcome both a precipitous decline in recycled commodity values during the quarter and continued inflationary pressures.”
