Waste Management Inc expected to post earnings of $1.83 a share - Earnings Preview

Waste Management

22/07/2024 21:17

* Waste Management Inc  WM.N   WM  is expected to show a
rise in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
6.0% increase in revenue to $5.426 billion from $5.12 billion a
year ago, according to the mean estimate from 18 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Waste Management Inc is
for
earnings of $1.83 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Waste
Management
Inc is $223.00​, above​ its last closing price of $222.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.51        1.51       1.75      Beat    16.3
 Dec. 31 2024  1.54        1.53       1.74      Beat    13.6
 Sep. 30 2023  1.61        1.61       1.63      Beat    0.9​
 Jun. 30 2023  1.54        1.54       1.51      Missed  -2
 ​​Mar.        1.28        1.29       1.31      Beat    1.9
 31 2023                                                
 Dec. 31 2022  1.40        1.41       1.30      Missed  -7.7​
 Sep. 30 2022  1.51        1.51       1.56      Beat    3.2
 Jun. 30 2022  1.39        1.40       1.44      Beat    2.8
 This summary was machine generated July 22 at 20:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)