A Peek at Waste Management's Future Earnings
Portfolio Pulse from Benzinga Insights
Waste Management (NYSE:WM) is set to release its quarterly earnings on October 28, 2024, with analysts expecting an EPS of $1.89. The company's past performance shows a mixed record, with a recent miss leading to a significant share price drop. Analysts have a Neutral rating on WM, with a price target suggesting a modest upside. The company's financial health is strong, with high gross profit margins and return on equity, but concerns exist over its high debt-to-equity ratio.
October 25, 2024 | 6:00 pm
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Waste Management is expected to announce its quarterly earnings with an anticipated EPS of $1.89. The company's past earnings miss led to a significant share price drop, and investors are keen on positive guidance. Analysts have a Neutral rating with a modest price target upside.
The upcoming earnings release is crucial for Waste Management, as past performance has shown significant stock price reactions to earnings misses. The Neutral analyst rating and modest price target suggest limited short-term upside unless earnings or guidance exceed expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100