Waste Management Posts Q4 Earnings Shortfall, Guidance for 5.5% Revenue Growth (NYSE:WM)

Garbage collection on the day

JohnnyH5/iStock via Getty Images

Waste management (NYSE: WM) -1.1% after going public on Tuesday after reporting adjusted fourth-quarter earnings of $1.30 per share and revenue of $4.93 billion that narrowly missed analysts’ consensus.

GAAP net income in the fourth quarter fell to $499 million, or $1.21 per share, from $506 million, or $1.20 per share, in the prior quarter, as revenue increased 5.5 % YoY to USD 4.93 billion.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *