Waste Management Announces Third Quarter Earnings

Go back to Waste Management Announces Third Quarter Earnings

Waste Management (WM) Expects to Exceed FY15 EPS Guidance Following 3Q Results; Imperial Capital Raises Price Target to $58

October 28, 2015 1:19 PM EDT

Imperial Capital reiterated an In-Line rating on Waste Management (NYSE: WM), and raised the price target to $58.00 (from $55.00), following the company's 3Q15 earnings results. WM reported adjusted EPS of $0.74, above the Street's $0.71, reflecting stronger-than-expected EBITDA, and a lower-than-expected tax rate of 32.1%. WM expects to exceed the upper end of its FY15... More

Waste Management (WM) Tops Q3 EPS by 3c

October 27, 2015 7:28 AM EDT

Waste Management (NYSE: WM) reported Q3 EPS of $0.74, $0.03 better than the analyst estimate of $0.71. Revenue for the quarter came in at $3.38 billion versus the consensus estimate of $3.42 billion.

David P. Steiner, President and Chief Executive Officer of Waste Management, commented, Our third quarter results reflect the... More