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

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

Waste Management Announces Fourth Quarter and Full Year 2016 Earnings

February 16, 2017 7:30 AM EST

Full year Net Cash Provided by Operations grew more than 18%

The Company expects continued strong earnings and operational performance in 2017

HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended December 31, 2016. Revenues for the fourth quarter of 2016 were $3.46 billion, compared with $3.25 billion for the same 2015 period. Net income for the quarter was $335 million, or $0.75 per diluted share, compared with net income of $273 million, or $0.61 per diluted share, for the fourth quarter of 2015.(a) On an as-adjusted basis, net income was $320 million, or $0.71... More