The Scottsdale, Ariz.-based company, which last year acquired Browning-Ferris Industries Inc. forecast second-quarter revenues of between $1.43 billion and $1.46 billion and called for adjusted earnings before interest, taxes, depreciation and amortization to be between $500.0 million and $510.0 million.
Allied Waste, which earlier this year sold off certain Canadian and U.S. solid waste services assets, did not compare its first-quarter results with those from a year ago, saying such a comparison is "not meaningful due to the magnitude and financial structure of the BFI acquisition."
For the first quarter, Allied Waste reported adjusted net income available to common shareholders of $27.9 million, or 15 cents per share, on revenues of $1.378 billion.
Explore the May 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Summa Equity acquires majority stake of Bollegraaf
- PTR adds new inside sales account manager
- Cascade Engineering distributes free carts in Flint, Michigan
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker