Earnings Preview For Waste Management
Portfolio Pulse from Benzinga Insights
Waste Management (NYSE:WM) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $1.54. The company's past performance shows a pattern of share price drops following earnings beats. Shares of Waste Management were trading at $172.41 as of July 21, with a 52-week increase of 11.24%.
July 24, 2023 | 3:03 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Waste Management is expected to report an EPS of $1.54 in its upcoming earnings. The company's stock has historically dropped following earnings beats. The stock was trading at $172.41 as of July 21, with a 52-week increase of 11.24%.
The upcoming earnings report is a significant event for Waste Management. However, the company's historical performance shows a pattern of share price drops following earnings beats, which could potentially impact the stock's short-term performance. The stock's 52-week performance has been positive, which may be a positive sign for long-term investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100