Waste Management Announces Fourth Quarter and Full Year 2016 Earnings

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Waste Management (WM) PT Raised to $75 at Oppenheimer Following 4Q16 Revenue, FCF Beats

February 17, 2017 9:38 AM EST

Oppenheimer and Co. analyst Noah Kaye reiterates Outperform rating and raises price target on Waste Management Inc. (NYSE: WM) to $75 (from $72), noting positive commercial business trends, as the company reported 2016 fourth quarter revenues and free cash flow above consensus estimates.

Kaye comments,... More

Waste Management (WM) Misses Q4 EPS by 2c, Guides In-Line

February 16, 2017 7:31 AM EST

Waste Management (NYSE: WM) reported Q4 EPS of $0.75, $0.02 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $3.46 billion versus the consensus estimate of $3.42 billion.

GUIDANCE:

Waste Management sees FY2017 EPS of $3.14-$3.18, versus the consensus of... More