Earnings Outlook For Waste Management
Portfolio Pulse from Benzinga Insights
Waste Management (NYSE:WM) is scheduled to release its quarterly earnings report on February 12, 2024, with an expected EPS of $1.53. Historically, the company has shown mixed results in beating EPS estimates, with a notable 6.1% share price increase following last quarter's earnings beat. Shares are currently trading at $189.49, marking a 24.03% increase over the last year. Investors are keenly awaiting the report and guidance for future growth.
February 09, 2024 | 2:00 pm
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Waste Management is expected to report an EPS of $1.53 for the upcoming quarter. The company's stock has historically reacted to earnings announcements and guidance, with a 6.1% increase after last quarter's beat.
Given WM's history of stock price movements post-earnings and the positive trend over the last year, the upcoming earnings report is highly relevant. A beat or strong guidance could likely lead to a positive short-term impact on the stock price, considering the historical 6.1% increase after the last earnings beat.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100