Waste Management Q4 Adj EPS $1.74 Beats $1.53 Estimate, Sales $5.22B Beat $5.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
Waste Management (NYSE:WM) reported Q4 adjusted earnings of $1.74 per share, surpassing the $1.53 estimate, marking a 33.85% increase from last year. Sales reached $5.22B, exceeding the $5.19B estimate, a 5.71% increase from the previous year.
February 12, 2024 | 11:06 pm
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Waste Management reported a significant beat on both earnings and sales estimates for Q4, with adjusted EPS at $1.74 and sales at $5.22B.
The substantial beat on both earnings per share and sales estimates for Q4 indicates strong financial performance and operational efficiency. This outperformance, especially in a quarter, is likely to positively influence investor sentiment and could lead to an uptick in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100