WM Announces Second Quarter Earnings

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Go back to WM Announces Second Quarter Earnings

Waste Management (WM) Misses Q2 EPS by 3c

July 25, 2023 5:05 PM EDT

Waste Management (NYSE: WM) reported Q2 EPS of $1.51, $0.03 worse than the analyst estimate of $1.54. Revenue for the quarter came in at $5.12 billion versus the consensus estimate of $5.23 billion.

REVISED 2023 OUTLOOK:

With half of the year complete, the Company is updating its full-year outlook to modestly adjust its expectations for 2023. The revised financial outlook considers first half results relative to plan as well as a change in outlook for the second half of the year primarily due to expectations for slower recycled commodity price recovery and lower event-driven... More