Waste Management Announces First Quarter Earnings

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Waste Management (WM) Tops Q1 EPS by 3c, Suspends Guidance

May 6, 2020 7:16 AM EDT

Waste Management (NYSE: WM) reported Q1 EPS of $0.93, $0.03 better than the analyst estimate of $0.90. Revenue for the quarter came in at $3.73 billion versus the consensus estimate of $3.69 billion.

UPDATE ON 2020 OUTLOOK

The Company is suspending its 2020 financial guidance due to the unprecedented impact of, and uncertainty created by, the COVID-19 pandemic.

Our business model generates strong cash flow and... More