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Waste Management Inc Q4 adjusted earnings Beat Estimates

Waste Management Inc (WM) announced a profit for fourth quarter that declined from the same period last year.

The company's bottom line came in at $447M, or $1.05 per share. This compares with $531M, or $1.24 per share, in last year's fourth quarter.

Excluding items, Waste Management Inc reported adjusted earnings of $507 million or $1.19 per share for the period.

Analysts had expected the company to earn $1.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.3% to $3.85 billion from $3.84 billion last year.

Waste Management Inc earnings at a glance:

-Earnings (Q4): $507 Mln. vs. $483M. last year.
-EPS (Q4): $1.19 vs. $1.13 last year.
-Analysts Estimate: $1.15
-Revenue (Q4): $3.85 Bln vs. $3.84 Bln last year.

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