Waste Management (WM) PT Raised to $95 at Oppenheimer

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Waste Management Announces Second Quarter Earnings

July 25, 2018 7:16 AM EDT

The Company Raises Full-Year Earnings Per Diluted Share Outlook and Reaffirms Previous Guidance for Other Metrics

HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended June 30, 2018. Revenues for the second quarter of 2018 were $3.74 billion, compared with $3.68 billion for the same 2017 period. Net income for the quarter was $499 million, or $1.15 per diluted share, compared with $362 million, or $0.81 per diluted share, for the second quarter of 2017.(a) On an as-adjusted basis, excluding certain items, net income was $438 million, or $1.01 per diluted share, in the second... More