24.04.2024 23:33:06 - dpa-AFX: Waste Management Inc Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Waste Management Inc (WM) revealed earnings for its
first quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $708 million, or $1.75 per share. This
compares with $533 million, or $1.30 per share, in last year's first quarter.

Excluding items, Waste Management Inc reported adjusted earnings of $706 million
or $1.75 per share for the period.

Analysts on average had expected the company to earn $1.50 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.5% to $5.16 billion from $4.89
billion last year.

Waste Management Inc earnings at a glance (GAAP) :

-Earnings (Q1): $708 Mln. vs. $533 Mln. last year.
-EPS (Q1): $1.75 vs. $1.30 last year.
-Revenue (Q1): $5.16 Bln vs. $4.89 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WASTE MANAGEMENT 893579 Frankfurt 192,860 17.05.24 16:56:54 -0,020 -0,01% 0,000 0,000 194,900 192,860

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