The market expects Waste Management (WM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 28, 2024, might help the stock move higher if these key numb ...

Pune, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Construction and Demolition Waste Management Market Size & Growth Analysis: “According to SNS Insider Research, The Construction and Demolition Waste Management Market size was estimated at US$ 162.02 billion in 2023 and is expected to reach US$ 261.20 billion by 2032, at a CAGR of 5.50% during the forecast period of 2024-2032.” Building a Sustainable Future: Innovations in Construction and Demolition Waste Management The Construction and Demolition (C&D) Waste Manage ...

The latest trading session saw Waste Management (WM) ending at $213.14, denoting a -0.3% adjustment from its last day's close. This change lagged the S&P 500's 0.47% gain on the day. Elsewhere, the Dow gained 0.79%, while the tech-heavy Nasdaq added 0.28%. Prior to today's trading, shares of the garbage and recycling hauler had gained 5.25% over the past month. This has outpaced the Business Services sector's gain of 2.97% and the S&P 500's gain of 3.48% in that time. The upcoming earnings release of Waste ...

Waste Management, Inc. (WM) has had an impressive run over the past year. The stock has gained 36%, outperforming the 34% rise of the industry it belongs to and the Zacks S&P 500 composite 35% rally. WM has an impressive Growth Score of B. This style score condenses all the essential metrics from the company's financial statements to get a true sense of the quality and sustainability of its growth. WM has an expected long-term (three to five years) EPS growth rate of 12.4%. The company's earnings for 2024 a ...

When it comes to dividend stocks, finding companies with strong business models that are likely to continue seeing growth over the long term usually comes at a premium. One company that comes to mind is Waste Management (NYSE: WM ). Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to ...

The most recent trading session ended with Waste Management (WM) standing at $207.52, reflecting a +0.2% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.56%. Shares of the garbage and recycling hauler have depreciated by 0.82% over the course of the past month, underperforming the Business Services sector's gain of 3.75% and the S&P 500 ...

Market Overview - The Saudi Arabia Drilling Waste Management Market was valued at USD 508.36 Million in 2023 and is projected to grow at a CAGR of 6.8% through 2029, reaching an estimated market value of USD 761.18 Million by 2029 [1][8]. Regulatory Environment - The Kingdom's Vision 2030 emphasizes environmental protection and sustainability, leading to stricter regulations in the oil and gas sector that require advanced waste management technologies [2]. - These regulations are driving demand for innovative waste management solutions due to the substantial volumes of drilling waste generated by increased exploration and production activities [2]. Technological Advancements - Advancements in drilling waste management technologies are enabling the treatment and reuse of waste materials, which reduces environmental impact and enhances operational efficiency [3]. - The integration of digital technologies, such as data analytics and automation, is improving operational efficiency and regulatory compliance in waste management processes [6]. Sustainable Practices - There is a significant shift towards circular economy practices in the drilling waste management market, focusing on transforming waste into valuable resources to minimize disposal and environmental impact [5]. - Growing awareness of the environmental and health impacts of improper waste disposal is prompting operators to prioritize sustainable waste management practices [4]. Research and Development - Increased investment in research and development is aimed at creating innovative solutions for complex waste management challenges, with collaboration between the Saudi government and industry stakeholders [7]. - Research institutions and universities are playing a crucial role in advancing knowledge and technology in the field of drilling waste management [7]. Key Market Players - Major companies in the Saudi Arabia Drilling Waste Management Market include Halliburton Energy Services, Schlumberger Limited, Baker Hughes, Weatherford International, NOV Inc, Veolia Environnement, Scomi Group, and Tetra Technologies [8].

Newark, Sept. 11, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 1419.52 billion in 2023 global waste management market will reach USD 2494.59 billion in 2033. Waste management encompasses the collection, transportation, and disposal of various types of waste, including solid, liquid, and gaseous waste. It involves managing municipal, industrial, and hazardous waste—each with distinct characteristics and handling requirements. Municipal waste refers to non-hazardous waste generated by h ...

Core Viewpoint - Waste Management is experiencing growth in both revenue and profitability, with a recent acquisition of Stericycle valued at $7.15 billion expected to enhance its market position and financial performance [3][4][9] Financial Performance - In the second quarter of the 2024 fiscal year, Waste Management reported revenue of $5.40 billion, a 5.5% increase from $5.12 billion year-over-year [5] - Net income rose from $615 million to $680 million, while operating cash flow increased from $1.03 billion to $1.15 billion [6] - EBITDA expanded from $1.47 billion to $1.62 billion, with management raising guidance for EBITDA and free cash flow by $100 million [6] Revenue Breakdown - Residential revenue grew from $841 million to $863 million, commercial collection revenue increased from $1.26 billion to $1.33 billion, landfill revenue rose from $846 million to $873 million, and transfer revenue grew from $320 million to $348 million [5] - Recycling processes and sales revenue expanded significantly from $316 million to $405 million [5] Acquisition Insights - The acquisition of Stericycle is expected to close in the final quarter of this year, with regulatory approvals already received from multiple countries [4] - The company has made over $750 million in solid waste acquisitions through July, aiming for $1 billion by year-end [6] Valuation Metrics - Waste Management's stock appears relatively cheap compared to similar firms, with a Price/Earnings ratio of 32.6, compared to Republic Services at 34.4 and Waste Connections at 55.4 [7] - The company is viewed as a high-quality business with stable cash flows, despite appearing pricey on an absolute basis [7] Future Outlook - Management expects a net leverage ratio of about 3.6 post-acquisition, with plans to reduce it to between 2.75 and 3 within 24 months [9] - The company is investing in renewable energy projects, budgeting up to $2.9 billion through 2026, with expectations of significant EBITDA contributions from these initiatives [8][9]

Dublin, Sept. 05, 2024 (GLOBE NEWSWIRE) -- The "Incinerator Market Report by Product Type (Moving Grate, Static Hearth, Furnace and Multiple Hearth, Rotary Kiln, Fluidized Bed), End-Use Sector (Municipal Sector, Industrial Sector), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global incinerator market, which was valued at $15.6 billion in 2023, is forecasted to experience significant growth in the coming decade. Advanced waste management solutions and a growing empha ...