Waste Management (WM) reported earnings 30 days ago. What's next for the stock?
WM gains 3.4% in six months as 2026 & 2027 revenue and earnings estimates rise, yet modest growth and liquidity risks still loom.
Waste Management is poised for positive earnings revisions and revenue beats as operational trends normalize post-Stericycle acquisition. WM reaffirmed 2024 guidance: $26.4–$26.6B revenue (+5% y/y), $8.15–$8.25B adj. EBITDA (+6% y/y) and $3.75–$3.85B free cash flow (+29% y/y). Valuation remains undemanding with a 4.3% free cash flow yield and potential for 21% upside to a $265 price target if 2027 targets are met.
Waste Management, Inc. (WM) Presents at Oppenheimer 21st Annual Industrial Growth Virtual Conference Transcript
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Waste Management remains a top defensive pick, with a reiterated buy rating based on robust cash flows and disciplined expense management. Q1 revenue growth slowed to 3.5% YoY, missing estimates, but margin expansion and an EPS beat highlight strong profitability. Operating cash flow surged 24.3% YoY, and FCF jumped 93.7%, supporting a 14.5% dividend hike and $344 million in share repurchases.
Waste Management, Inc. (WM) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for Waste Management (WM) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Waste Management (WM) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.67 per share a year ago.
In the closing of the recent trading day, Waste Management (WM) stood at $229.53, denoting a -1.4% move from the preceding trading day.
Get a deeper insight into the potential performance of Waste Management (WM) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
WM heads into Q1 earnings release with revenue growth expected despite declines in key segments, while renewable energy gains may shape the results.