Waste Management (WM) Tops Q2 EPS by 8c, Revenues Beat

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Go back to Waste Management (WM) Tops Q2 EPS by 8c, Revenues Beat

Waste Management Announces Second Quarter Earnings

July 30, 2020 7:13 AM EDT

Stronger than Expected Financial Performance Demonstrates Business Resiliency and Disciplined Focus on Cost and Capital Management

HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for the quarter ended June 30, 2020. Revenues for the second quarter of 2020 were $3.56 billion compared with $3.95 billion for the same 2019 period. Net income for the quarter was $307 million, or $0.72 per diluted share, compared with $381 million, or $0.89 per diluted share, for the second quarter of 2019.(a) On an adjusted basis, net income was $372 million, or $0.88 per diluted share, in the second quarter of 2020, compared... More