Waste Management (WM) Tops Q1 EPS by 3c, Suspends Guidance
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Waste Management Announces First Quarter Earnings
May 6, 2020 7:15 AM EDT2020 Guidance Suspended Due to COVID-19 Uncertainty
Resilient Business Model and Strong Balance Sheet Position the Company Well in Challenging Environment
HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for the quarter ended March 31, 2020. Revenues for the first quarter of 2020 were $3.73 billion compared with $3.70 billion for the same 2019 period. Net income for the quarter was $361 million, or $0.85 per diluted share, compared with $347 million, or $0.81 per diluted share, for the first quarter of 2019.(a) On an adjusted basis, net income was $395 million, or $0.93 per... More
