WM Stock Recent News

Waste Management's (WM) second-quarter 2024 earnings and revenues rise year over year.

WM missed top- and bottom-line expectations for the quarter. The company used pricing power to drive revenue gains, but volumes are a worrisome sign.

Although the revenue and EPS for Waste Management (WM) give a sense of how its business performed in the quarter ended June 2024, 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 $1.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.51 per share a year ago.

Waste Management (WM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Westford, USA, July 22, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Waste Management market will attain a value of $2.07 Trillion by 2031, with a CAGR of 5.4% over the forecast period (2024-2031). Waste management is the systematic collection, transportation, and disposal of waste materials caused by human activities. It is done to minimize the negative effects on health and the environment. The waste management market is driven by rise in the environment and societal problems. Governments of countries are taking several initiatives to reduce, reuse, and recycle waste materials. As per the report published by SkyQuest Technology, 58.3% of waste is collected and 18% of waste has been recycled globally.

Dublin, July 22, 2024 (GLOBE NEWSWIRE) -- The "Thematic Intelligence: Circular Economy in Oil and Gas" report has been added to ResearchAndMarkets.com's offering. The circular economy involves recycling, reusing, and repurposing products to extend their usable lifetime. Among the oil and gas industry's conventional products, plastics are the most relevant to the circular economy. The use of plastics has skyrocketed in the last few decades and has accelerated plastic pollution in the soil and aquatic environments. The ill effects of plastic waste and the limited nature of fossil fuels used for plastic production have prompted efforts to achieve sustainability with plastics. There is a need for global cooperation among countries and companies to tackle plastic pollution and bring about a circular economy in oil and gas industry. Report Scope

Waste Management's (WM) second-quarter 2024 top line is likely to have benefited from strong organic growth.

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Waste Management (WM) reachead $223.32 at the closing of the latest trading day, reflecting a +1.1% change compared to its last close.