Waste Management Inc (WM) revealed a profit for third quarter that Decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $603 million, or $1.49 per share. This compares with $760 million, or $1.88 per share, last year.
Excluding items, Waste Management Inc reported adjusted earnings of $801 million or $1.98 per share for the period.
Analysts on average had expected the company to earn $2.01 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 14.9% to $6.443 billion from $5.609 billion last year.
Waste Management Inc earnings at a glance (GAAP) :
-Earnings: $603 Mln. vs. $760 Mln. last year.-EPS: $1.49 vs. $1.88 last year.-Revenue: $6.443 Bln vs. $5.609 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.