News

We provide the latest news
from the world of economics and finance

Back
30 January
Waste Management (WM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended December 2024, Waste Management (WM) reported revenue of $5.89 billion, up 13% over the same period last year. EPS came in at $1.70, compared to $1.74 in the year-ago quarter.

The reported revenue represents a surprise of +0.18% over the Zacks Consensus Estimate of $5.88 billion. With the consensus EPS estimate being $1.79, the EPS surprise was -5.03%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Waste Management performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Internal Revenue Growth - Period-to-Period Change - Total - As a % of Total Company: 13% compared to the 8.3% average estimate based on seven analysts.
  • Internal Revenue Growth - Period-to-Period Change - Internal revenue growth - As a % of Total Company: 4% versus 4.2% estimated by four analysts on average.
  • Internal Revenue Growth - Period-to-Period Change - Volume - As a % of Total Company: 0.3% versus the three-analyst average estimate of 1%.

View all Key Company Metrics for Waste Management here>>>

Shares of Waste Management have returned +5.9% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention.

See them now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Waste Management, Inc. (WM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

х
Risk warning: Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.
Contact usCollapse