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Waste Management (WM) Tops Q3 EPS by 4c; Boosts FY16 Outlook

Go back to Waste Management (WM) Tops Q3 EPS by 4c; Boosts FY16 Outlook

Waste Management Announces Third Quarter Earnings

October 26, 2016 7:15 AM EDT

Revenue Grows 5.6% With Both Strong Price and Volume

Company Again Increases Full-Year 2016 EPS Guidance

HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended September 30, 2016. Revenues for the third quarter of 2016 were $3.55 billion compared with $3.36 billion for the same 2015 period. Net income for the quarter was $302 million, or $0.68 per diluted share, compared with net income of $335 million, or $0.74 per diluted share, for the third quarter of 2015.(a) On an as-adjusted basis, excluding certain items, net income was $374 million, or $0.84... More