This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

WCA Waste Corporation Announces Results For The Quarter And Year Ended December 31, 2010

  • Revenue for the fourth quarter increased 24.6% over the fourth quarter of 2009
  • Operating income increased 41.4% over the fourth quarter of 2009
  • Completed four tuck-in acquisitions during 2010
  • Interest rate swap expired on November 1, 2010, which will improve annual cash flow by $6.7 million based on 2010 results

HOUSTON, March 2, 2011 (GLOBE NEWSWIRE) -- WCA Waste Corporation (Nasdaq:WCAA) announced today financial results for the quarter and year ended December 31, 2010.
WCA Waste Corporation Logo

For the fourth quarter of 2010:
  • Revenue was $57.6 million, up 24.6% from $46.2 million in the fourth quarter of 2009.
  • Operating income was $5.4 million compared to $3.8 million in the same quarter of 2009.
  • Net loss available to common stockholders was $0.03 per share while adjusted net loss available to common stockholders was $0.02 per share. This compares to a net loss of $0.14 per share and $0.10 per share, respectively, for the same quarter in 2009.

For the year of 2010:
  • Revenue was $229.5 million, up 18.2% from $194.1 million for the year ended December 31, 2009.
  • Operating income was $23.3 million.
  • Net loss available to common stockholders was $0.13 per share compared to a net loss of $0.21 in 2009. Adjusted net loss available to common stockholders was $0.10 per share.

WCA completed four tuck-in acquisitions during 2010 (three in Houston, Texas and one in Oklahoma) with approximately $7 million in total annualized revenue. The Company completed two of these acquisitions in the fourth quarter.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.72 -0.56%
FB $119.49 1.43%
GOOG $711.12 1.38%
TSLA $214.93 1.61%
YHOO $37.23 0.79%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs