Waste Management Inc (WM) revealed a profit for its second quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $726 million, or $1.80 per share. This compares with $680 million, or $1.69 per share, last year.
Excluding items, Waste Management Inc reported adjusted earnings of $777 million or $1.92 per share for the period.
Analysts on average had expected the company to earn $1.89 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 19.0% to $6.430 billion from $5.402 billion last year.
Waste Management Inc earnings at a glance (GAAP) :
-Earnings: $726 Mln. vs. $680 Mln. last year.-EPS: $1.80 vs. $1.69 last year.-Revenue: $6.430 Bln vs. $5.402 Bln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.