Waste Management Announces First Quarter Earnings

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Go back to Waste Management Announces First Quarter Earnings

Waste Management (WM) Tops Q1 EPS by 1c

April 25, 2019 7:02 AM EDT

Waste Management (NYSE: WM) reported Q1 EPS of $0.94, $0.01 better than the analyst estimate of $0.93. Revenue for the quarter came in at $3.696 billion versus the consensus estimate of $3.67 billion.

The strong results we generated in the first quarter demonstrate that delivering an outstanding customer experience and focusing on continuous improvement produce solid growth in our business, said Jim Fish, President and Chief Executive Officer of Waste Management. In the first quarter, we saw organic revenue growth of more than 6% in our collection and disposal business, which translated into about a 7% increase in operating EBITDA in... More