Waste Management (WM) Tops Q1 EPS by 2c

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Go back to Waste Management (WM) Tops Q1 EPS by 2c

Waste Management Announces First Quarter Earnings

April 28, 2016 7:07 AM EDT

Company Exceeds Plan in All Key Financial Metrics

Revenue Growth from Both Yield and Volume Drive Strong Net Income and Cash Flow

HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended March 31, 2016. Revenues for the first quarter of 2016 were $3.2 billion compared with $3.0 billion for the same 2015 period. Net income for the quarter was $258 million, or $0.58 per diluted share, compared with a net loss of $129 million, or $0.28 per diluted share, for the first quarter of 2015.(a) On an as-adjusted... More