Waste Management (WM) Tops Q4 EPS by 3c; Guides FY12 EPS; to Increase Dividend
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Price: $219.45 +0.30%
Revenue Growth %: +4.0%
Financial Fact:
Income (loss) before federal income taxes: -16.65M
Today's EPS Names:
PLCE, COE, JVA, More
Revenue Growth %: +4.0%
Financial Fact:
Income (loss) before federal income taxes: -16.65M
Today's EPS Names:
PLCE, COE, JVA, More
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Waste Management (NYSE: WM) reported Q4 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $3.41 billion versus the consensus estimate of $3.35 billion.
Waste Management sees FY2012 EPS of $2.22-$2.30, versus the consensus of $2.29.
The Board of Directors has announced its intention to increase the dividend to $1.42 per share on an annual basis, at an approximate cost of $665 million. The Board must separately declare each dividend. The Board has authorized up to $500 million in share repurchases. The amount of share repurchases will depend on a number of items, including changes from expected levels of capital expenditures, business acquisitions, investments, and debt repayments.
For earnings history and earnings-related data on Waste Management (WM) click here.
Waste Management sees FY2012 EPS of $2.22-$2.30, versus the consensus of $2.29.
The Board of Directors has announced its intention to increase the dividend to $1.42 per share on an annual basis, at an approximate cost of $665 million. The Board must separately declare each dividend. The Board has authorized up to $500 million in share repurchases. The amount of share repurchases will depend on a number of items, including changes from expected levels of capital expenditures, business acquisitions, investments, and debt repayments.
For earnings history and earnings-related data on Waste Management (WM) click here.
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