Waste Management Inc.'s (WM) first-quarter net income attributable to the company declined to $168 million, or $0.36 per share, from the year-ago period's $171 million, or $0.37 per share. The latest results included nearly $18 million of after-tax costs from a combination of restructuring charges and impairments of investments in unconsolidated entities.
Excluding these items, net income would have been $186 million, or $0.40 per share, the company said. On average, 9 analysts polled by Thomson Reuters expected earnings per share of $0.41 for the quarter. Analysts' estimates typically exclude one-time items.
Operating revenues for the first quarter of 2013 were $3.34 billion, up 1.2% compared with $3.30 billion for the same 2012 period. Analysts estimated revenues of $3.36 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.