Waste Management Inc. (WMI) reported third quarter net income of $277 million, or $0.56 per diluted share, compared with $310 million, or $0.63 per diluted share in the prior year quarter.
Excluding items, earnings for the quarter was $265 million, or $0.54 per diluted share, compared with $312 million or $0.63 per diluted share in the previous year quarter.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.53 per share. Analysts' estimates typically exclude special items.
Revenues for the third quarter were $3.02 billion, down from $3.53 billion in the year-ago quarter. Eight analysts had a consensus revenue estimate of $3.07 billion for the quarter.
Looking ahead, the company reaffirms fully diluted earnings per share outlook on an adjusted basis for the full year to be in the range of $1.95 to $1.99. Analysts expects the company to earn $1.97 per share for full year.
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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.