Overview
U.S. waste services provider's Q1 revenue rose 3.5%, slightly missing analyst expectations
Adjusted EPS for Q1 beat analyst expectations
Company completed three new recycling facilities, adding nearly 300,000 tons of capacity
Outlook
Waste Management reaffirms its full-year financial outlook for 2026
Company cites flexible balance sheet and ongoing investments as positioning for opportunities in any economic environment
Result Drivers
PRICING AND COST CONTROL - Co said disciplined price execution and cost optimization led to growth in Collection and Disposal operating EBITDA and margin
TECHNOLOGY AND AUTOMATION - Co attributed improved operating expenses and efficiency to use of technology and automation
SUSTAINABILITY PROJECTS - Co said increased renewable natural gas production and higher recycling volumes from growth projects contributed to results
Company press release: ID:nBw23jTQ3a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$6.23 bln
$6.29 bln (21 Analysts)
Q1 Adjusted EPS
Beat
$1.81
$1.74 (23 Analysts)
Q1 EPS
$1.79
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)