Waste Management (WM) Scheduled to Post Quarterly Earnings on Thursday
Waste Management (NYSE:WM) will be announcing its earnings results before the market opens on Thursday, October 25th. Analysts expect the company to announce earnings of $1.11 per share for the quarter.
Waste Management (NYSE:WM) last issued its quarterly earnings results on Wednesday, July 25th. The business services provider reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.02. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.76 billion. Waste Management had a net margin of 14.94% and a return on equity of 27.38%. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. On average, analysts expect Waste Management to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of NYSE:WM opened at $89.92 on Tuesday. The stock has a market cap of $38.77 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.86 and a beta of 0.70. Waste Management has a 1-year low of $77.14 and a 1-year high of $92.85. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.75 and a quick ratio of 0.72.
About Waste Management
Waste Management, Inc, through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations.
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