Waste Management (WM) Tops Q2 EPS by 3c

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Waste Management Announces Second Quarter Earnings

July 27, 2016 7:03 AM EDT

Continued Strong Earnings Growth Driven by Revenue Expansion and Cost Control

Company Increases Full-Year 2016 Cash Flow and EPS Guidance

HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended June 30, 2016. Revenues for the second quarter of 2016 were $3.43 billion compared with $3.32 billion for the same 2015 period. Net income for the quarter was $287 million, or $0.64 per diluted share, compared with net income of $274 million, or $0.60 per diluted share, for the second quarter of 2015.(a) On an as-adjusted basis, excluding certain items,... More