Waste Management Inc

WM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Waste Management Earnings: Volumes Rebound and Pricing Remains Robust; Fair Value to $174 From $170

Brian Bernard , Alex Medow

Oct 29, 2024

WM's third-quarter revenue grew 8% year over year to $5.6 billion, about $0.1 billion above our forecast. Adjusted earnings per share of $1.96 (up 20% year over year) easily topped our $1.82 estimate. Management now sees full-year financial results at or above the high end of guidance.

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Waste Management Inc

Waste Management Earnings: Volumes Rebound and Pricing Remains Robust; Fair Value to $174 From $170

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