WM (WM) Tops Q4 EPS by 21c

WM (NYSE: WM) reported Q4 EPS of $1.74, $0.21 better than the analyst estimate of $1.53. Revenue for the quarter came in at $5.22 billion versus the consensus estimate of $5.19 billion.

"Total Company revenue is expected to grow between 6% and 7%. The Company’s disciplined pricing programs are expected to result in core price of between 6% and 6.5% and collection and disposal yield approaching 5%. Collection and disposal volume growth is expected to approach 1%.
Total Company adjusted operating EBITDA is expected to be in the range of $6.275 to $6.425 billion, an increase of about $450 million at the midpoint of the range, which includes about $115 million of adjusted operating EBITDA growth from sustainability growth investments.(a)(f)
Adjusted operating EBITDA margin is expected to be in the range of 29.0% and 29.4%, expanding 30 basis points at the midpoint of the range."

For earnings history and earnings-related data on WM (WM) click here.

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