Waste Management (WM) Tops Q3 EPS by 4c, Miss on Revenues; Boosts FY18 EPS Guidance Above Consensus
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Waste Management Announces Third Quarter Earnings
October 25, 2018 7:30 AM EDTStrong Organic Revenue Growth Produced Robust Earnings and Cash Generation
HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended September 30, 2018. Revenues for the third quarter of 2018 were $3.82 billion, compared with $3.72 billion for the same 2017 period. Net income for the quarter was $499 million, or $1.16 per diluted share, compared with $386 million, or $0.87 per diluted share, for the third quarter of 2017.(a) On an as-adjusted basis, excluding certain items, net income was $496 million, or $1.15 per diluted share, in the third quarter of 2018, compared with $398 million, or... More
