Advanced Disposal Services Q4 revenue $384.4 millionStaff Writer | February 23, 2018
Advanced Disposal Services announced revenue for the fourth quarter ended December 31, 2017 of $384.4 million versus $352.0 million in the same period of the prior year.
Advanced Disposal Services Net income during fourth quarter 2017 was $42.0 million
Excluding certain gains and expenses, adjusted net income in fourth quarter 2017 was $11.2 million and adjusted diluted earnings per share was $0.13.
Full year revenue of $1,507.6 million was up 7.3% over the prior year. Net income for the full year was $38.3 million and adjusted EBITDA grew $7 million to $418.1 million.
Advanced Disposal's guidance is based on current economic conditions and does not assume any significant changes in the overall economy during 2018.
Revenue is estimated to be between $1,545 million and $1,565 million. This includes average yield of 2.1% to 2.8%, organic volume of 0.4% to 1.0%, acquisition rollover revenue of 1.3%, and an estimated (1.4%) impact from lower revenue from the sale of commodities and the adoption of the new revenue recognition standard.
Adjusted EBITDA is estimated to be between $426 million and $436 million.
Capital expenditures are estimated to be between $184 million and $194 million.
Adjusted free cash flow is estimated to be between $134 million and $144 million. ■