Waste Management: Q1 Earnings Snapshot
By AP News
Published - Apr 24, 2024, 05:34 PM ET
Last Updated - Apr 24, 2024, 05:34 PM EDT
HOUSTON (AP) — HOUSTON (AP) — Waste Management Inc. (WM) on Wednesday reported first-quarter net income of $708 million.
The Houston-based company said it had profit of $1.75 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The garbage and recycling hauler posted revenue of $5.16 billion in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $5.2 billion.
