Waste Management (WM) reports lower than expected earnings for Q4

From Nasdaq: 2025-01-29 20:15:02

Waste Management (WM) reported quarterly earnings of $1.70 per share, missing the expected $1.79 per share and down from $1.74 per share a year ago. Despite this, the company has surpassed consensus EPS estimates twice in the last four quarters, with revenues of $5.89 billion for the quarter ended December 2024.

Investors wonder what’s next for Waste Management stock after its recent performance. The company’s earnings outlook, including current consensus expectations and trends in estimate revisions, will be key factors. The estimate revisions trend for Waste Management is currently mixed, resulting in a Zacks Rank #3 (Hold) for the stock.

Another industry player, Xylem (XYL), is set to release its quarterly results on February 4. Analysts expect earnings of $1.12 per share, up 13.1% year-over-year, with revenues of $2.18 billion. Investors can track these developments and industry rankings to inform their investment decisions.

For those considering investing in Waste Management, Inc. (WM), Zacks Investment Research offers insights on the best stocks to buy for the next 30 days. The Zacks Rank stock-rating system has a strong track record of outperforming the S&P 500, providing valuable information for investors looking to make informed decisions on their investments.



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