WM Expects to Deliver Adjusted Operating EBITDA Near The Upper End Of 2024 Guidance; Expects FY24 Revenue Growth To Be About 6%, Which Is Above The High End Of Prior Guidance Of 5.75%; On Track To Achieve The High End Of Its Guidance Of $2.15B In Free Cash Flow In 2024
Portfolio Pulse from Benzinga Newsdesk
WM is on track to exceed its 2024 financial guidance, with expected revenue growth of 6% and adjusted operating EBITDA near the upper end of its range. The company has achieved strong revenue growth driven by pricing and increased landfill volumes. WM is also advancing its sustainability projects and acquisitions, including the planned acquisition of Stericycle.
October 28, 2024 | 9:24 pm
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WM is expected to exceed its 2024 financial guidance with strong revenue and EBITDA growth. The company is advancing sustainability projects and acquisitions, including Stericycle.
WM's strong financial performance, exceeding revenue and EBITDA guidance, indicates positive short-term stock impact. The company's focus on sustainability and strategic acquisitions, like Stericycle, further supports growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100