Waste Management(WM) ZACKS·2025-01-30 02:16Core Insights - Waste Management (WM) reported quarterly earnings of $1.70 per share, missing the Zacks Consensus Estimate of $1.79 per share, and showing a decrease from $1.74 per share a year ago, resulting in an earnings surprise of -5.03% [1] - The company posted revenues of $5.89 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.18%, and showing an increase from year-ago revenues of $5.22 billion [2] - Waste Management shares have increased by approximately 5.9% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.78 on revenues of $6.15 billion, and for the current fiscal year, it is $8.03 on revenues of $25.63 billion [7] - The estimate revisions trend for Waste Management is mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Waste Removal Services industry, to which Waste Management belongs, is currently in the bottom 16% of over 250 Zacks industries, suggesting potential challenges ahead [8]