Waste Connections Inc (WCN) 2026年第三季度财报电话会议要点：尽管面临燃料逆风，固体废物定价能力仍推动业绩超出预期并上调指引

Waste Connections Inc reported its third-quarter 2026 financial results, showcasing solid revenue growth of $2.638 billion, up 7.3% compared to the same period last year. Acquisitions net of divestitures contributed an additional $53 million to the top-line performance, reinforcing their expansion strategy. The company successfully navigated persistent fuel headwinds by leveraging robust solid waste pricing power to protect operating margins. Adjusted EBITDA expanded impressively, beating Wall Street consensus expectations and prompting an upward revision of full-year guidance. Management attributed the outperformance to disciplined execution, operational efficiencies, and pricing strategies that outpaced inflation. Investors responded positively to the resilient business model, which continues to generate dependable cash flows. The strong quarter reaffirms the waste management sector's defensive characteristics in a volatile macroeconomic environment.