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Advanced Disposal Services Q4 revenue $384.4 million

Staff 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
Advanced Disposal Services   Net income during fourth quarter 2017 was $42.0 million
Net income during fourth quarter 2017 was $42.0 million, or $0.47 per diluted share, versus a net loss of $20.1 million, or $0.24 per diluted share in fourth quarter 2016.

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.


 

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