Waste Management: Q4 Earnings Snapshot
By AP News
Published - Feb 12, 2024, 06:15 PM ET
Last Updated - Feb 12, 2024, 06:15 PM EST
HOUSTON (AP) — HOUSTON (AP) — Waste Management Inc. (WM) on Monday reported fourth-quarter earnings of $493 million.
On a per-share basis, the Houston-based company said it had profit of $1.22. Earnings, adjusted for non-recurring costs, were $1.74 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The garbage and recycling hauler posted revenue of $5.22 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $5.19 billion.
