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Waste Management Q2 Earnings Meet Estimates, Rise Y/Y
Waste Management Inc. (NYSE: WM) reported second-quarter 2024 results, wherein earnings met the Zacks Consensus Estimate, while revenues missed the same.
WM's adjusted earnings per share were $1.8, which increased 20.5% on a year-over-year basis. Total revenues of $5.4 billion missed the consensus estimate by a slight margin but increased 5.5% from the year-ago quarter.
Thestock has gained 26.6% in the past year, outperforming 22.9% and 22.6% growth of the industry it belongs to and the Zacks S&P 500 Composite, respectively.
Waste Management, Inc. Price and EPS Surprise
Waste Management, Inc. price-eps-surprise | Waste Management, Inc. Quote
Quarterly Numbers in Detail
The Collection segment recorded revenues of $4.2 billion, rising 4% from the year-ago quarter and surpassing our estimate of $4 billion. The Landfill segment's top line grew 2.2% year over year ...