Revenue Performance - Total revenue for Q1 2025 was $6,018 million, representing a 16.7% increase compared to $5,159 million in Q1 2024[2] - Operating revenues for Q1 2025 were $6,018 million, a 16.6% increase from $5,159 million in Q1 2024[21] - Total collection and disposal revenues for Q1 2025 were $6,038 million, up from $5,774 million in Q1 2024, marking a 4.6% increase[27] - Internal revenue growth for the company was 16.7% for the three months ended March 31, 2025, compared to the same period in 2024[29] Profitability Metrics - Adjusted operating EBITDA for Q1 2025 was $1,669 million, up 12.2% from $1,530 million in Q1 2024, with an operating EBITDA margin of 27.7%[2][3] - The company achieved a net income of $637 million, with diluted EPS of $1.58, compared to $708 million and $1.75 in the prior year[2] - Consolidated net income for Q1 2025 was $637 million, down from $707 million in Q1 2024, representing a decrease of 9.9%[21] - Basic earnings per share for Q1 2025 were $1.58, compared to $1.76 in Q1 2024, reflecting a decline of 10.2%[21] Operating Expenses - Operating expenses for the total company were $3,647 million, maintaining a margin of 60.6%[5] - SG&A expenses totaled $687 million, with a margin of 11.4%, reflecting continued cost discipline[6] - Adjusted operating expenses for the same period were $3,640 million, compared to $3,140 million in 2024, reflecting an increase of 15.9%[47] - The adjusted SG&A expenses were reported at $663 million, up from $491 million in the prior year, indicating a rise of 35%[47] Cash Flow and Investments - The company generated $1.21 billion in net cash from operating activities, with free cash flow of $475 million[12] - Free cash flow for the three months ended March 31, 2025, was $475 million, down 33.5% from $714 million in the same period of 2024[33] - Net cash provided by operating activities decreased to $1,208 million in Q1 2025 from $1,367 million in Q1 2024, representing a decline of 11.6%[33] - The free cash flow for 2025 is projected to be between $2,675 million and $2,775 million, with net cash provided by operating activities at $5,750 million[47] Capital Expenditures and Debt - Capital expenditures for Q1 2025 were $831 million, an increase from $668 million in Q1 2024[25] - The company’s long-term debt increased to $22,883 million as of March 31, 2025, compared to $22,541 million at the end of 2024[23] - The company anticipates capital expenditures to support the business to be approximately $2,575 million in 2025[47] Sustainability and Growth Initiatives - Investments in sustainability growth projects amounted to $128 million, including two recycling automation projects completed during the quarter[12] - The company plans to invest $600 million in sustainability growth investments as part of its capital expenditures[47] - The company is on track to achieve targeted synergies of $80 to $100 million from the Stericycle acquisition in 2025[7] Tax and Other Expenses - The effective tax rate for Q1 2025 was 19.2%, slightly higher than 18.6% in Q1 2024[40] - Total landfill depletion expense increased to $218 million in Q1 2025, compared to $209 million in Q1 2024, driven by increased volumes at higher cost sites[34][35] - The Stericycle acquisition and integration-related costs were adjusted to $24 million, affecting the overall SG&A expenses[47]

Wall Street analysts forecast that Waste Management (WM) will report quarterly earnings of $1.65 per share in its upcoming release, pointing to a year-over-year decline of 5.7%. It is anticipated that revenues will amount to $6.11 billion, exhibiting an increase of 18.4% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Waste Management (WM) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 28. O ...

Core Insights - The Waste Management and Remediation Services market is projected to grow from $762.9 billion in 2024 to $822.05 billion in 2025, with a compound annual growth rate (CAGR) of 7.8% [2] - By 2029, the market is expected to reach $1.07 trillion, driven by circular economy initiatives, sustainability efforts, and technological advancements [2][3] Market Growth Drivers - Increasing waste generation and environmental concerns are key factors driving market growth [1][3] - Urbanization and population growth are heightening the demand for effective waste management solutions [3] - The World Bank projects annual waste generation to reach 3.88 billion tons by 2050, emphasizing the need for efficient waste management [3] Technological Advancements - Notable advancements include sensor technology that monitors waste bin fill levels, improving service efficiency and recycling processes [4] - Innovations like OnePlus Systems' OnePlus Metro sensor help waste management companies manage waste containers more effectively [4] Industry Initiatives - Leading companies are pursuing innovative recycling solutions, such as Casella Waste Systems Inc.'s partnership with TerraCycle to recycle hard-to-recycle items [5] - These initiatives aim to divert waste from landfills and enhance community engagement [5] Key Players - Major companies in the sector include Waste Management Inc., Suez Environnement SA, Republic Services Inc., and Veolia Environnement SA, providing a range of waste management services [6][20] - These companies operate across various sectors, including residential and industrial domains [6] Regional Insights - Western Europe is the leading market, followed by the Asia-Pacific region, with significant coverage of Eastern Europe, North America, and Africa [7] - The report provides insights into market size, regional shares, competitor strategies, and emerging opportunities [7] Market Characteristics - The report details market segmentation into waste collection, treatment, disposal, and remediation services, along with other waste management services [12][19] - It also examines the competitive landscape, identifying leading companies and their market shares [13] Future Outlook - The report forecasts a market value of $822.05 billion in 2025 and $1.07 trillion by 2029, with a CAGR of 7% [17] - It covers historical data and forecasts extending ten years into the future, providing a comprehensive overview of market movements [15]

TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) (“Wallbridge” or the “Company”) announces that Tony Makuch is stepping down as a Director and Chairperson of the Board of Wallbridge. Janet Wilkinson, who currently serves as an independent director, has been appointed Chairperson of the Board, effective April 9, 2025. “On behalf of the Board, I take this opportunity to express our deep appreciation to Tony for having served as a dedicated Chairperson and m ...

Dublin, April 09, 2025 (GLOBE NEWSWIRE) -- The "Waste Management Compliance - How to Stay Within the Law Training Course" training has been added to ResearchAndMarkets.com's offering. This masterclass is ideally suited for anyone involved in dealing with waste management within a business or organisation. By attending this course you will: Who Should Attend: Certifications: Key Topics Covered: Classifying waste There is a legal obligation upon businesses to ensure that waste is handled and disposed of in th ...

Waste Management, Inc. (NYSE:WM) 11th Annual Waste & Environmental Services Symposium April 3, 2025 12:15 PM ET Company Participants Ed Egl - IR Conference Call Participants Tony Bancroft - Gabelli Funds Tony Bancroft I'd like to do reintroduce, Ed Egl, Head of Investor Relations at WM. WM is based in Houston, Texas. It's the largest waste service provider in North America, and has the largest landfill network. Ed joined, WM in 1995, and has been -- his current role since 2014. WM has 400 million shares out ...

Group 1: Company Performance - Waste Management, Inc. (WM) shares have gained 16% year to date, outperforming the industry's 8% growth [1] - WM has demonstrated consistent revenue growth with a compound annual growth rate (CAGR) of 7.7% in revenues and operating income from 2020 to 2024 [3] - The company's disciplined pricing strategy and cost control measures help maintain strong profit margins [4] Group 2: Sustainability and Growth Initiatives - WM is a leader in sustainability, investing in initiatives such as converting landfill gas into renewable energy, attracting ESG-focused investors [3] - The acquisition of Stericycle strengthens WM's position in the medical waste industry, expected to generate more than $125 million in annual run-rate synergies [6] Group 3: Dividend and Shareholder Value - WM has consistently rewarded shareholders with dividends since 1998, with payments increasing from $1.1 billion in 2022 and 2023 to $1.2 billion in 2024 [5] - The company remains committed to returning value to investors despite fluctuations in cash flow [5] Group 4: Valuation and Investment Outlook - WM's stock appears overvalued, trading at a trailing 12-month Enterprise Value/EBITDA ratio of 17.69X, exceeding the industry average of 13.77X [7] - Given its current valuation, WM is best held for long-term stability and dividends, with investors awaiting better entry points for further accumulation [8]

WM plans to invest approximately $3 billion in sustainability growth strategy 2022-2026 HOUSTON, April 2, 2025 /PRNewswire/ -- WM (NYSE: WM), North America's leading environmental solutions provider and largest recycler, today announced the company will celebrate the official grand openings for four recycling and renewable natural gas (RNG) projects across the U.S. The facilities are part of WM's plans to invest about $3 billion in its sustainability growth strategy from 2022-2026, expected to result in 39 ...

Core Viewpoint - Wallbridge Mining Company Limited has released an updated positive Preliminary Economic Assessment (PEA) for its 100%-owned Fenelon gold project, indicating strong project economics and a viable path to development under favorable conditions [2][6][12]. PEA Highlights - The PEA indicates an average annual gold production of 107,000 ounces over a 16-year mine life, with a peak production of 127,000 ounces in the first five years [9][18]. - The after-tax Internal Rate of Return (IRR) is projected at 21%, with an after-tax Net Present Value (NPV) of $706 million based on a base case gold price of US$2,200 per ounce [9][12]. - Initial capital expenditures are estimated at $579 million, with sustaining capital expenditures of $449 million [9][20]. Financial Analysis - The project is expected to generate cumulative free cash flow of $1,367 million, averaging $120 million annually over the mine life [12]. - Total cash costs are estimated at US$851 per ounce, with all-in sustaining costs (AISC) at US$1,046 per ounce [27]. - The PEA is sensitive to gold price fluctuations, with a potential after-tax NPV of $1,381 million and an IRR of 34% at a gold price of US$3,000 per ounce [14][15]. Mineral Resource Estimate - The updated mineral resource estimates for the Fenelon and Martiniere deposits indicate a total of 19,790 thousand tonnes at an average grade of 3.30 g/t for indicated resources, and 18,899 thousand tonnes at an average grade of 3.35 g/t for inferred resources [30][33]. Mining and Processing - The mine will operate at a production rate of 3,000 tonnes per day, extracting a total of 16.6 million tonnes of mineralized material at an average grade of 3.34 g/t [37]. - The processing plant is designed to treat 3,000 tonnes per day, incorporating a Semi-Autogenous Ball Mill Crusher circuit and a leaching circuit for gold recovery [46][47]. Project Infrastructure - The project is located approximately 75 km from Matagami, accessible via a forestry road, and includes existing facilities that will be upgraded during construction [49][50]. - Infrastructure development will include a new process plant complex, paste plant, and various support facilities [51][52]. Environmental and Permitting - The project is subject to environmental assessment procedures under Quebec regulations, with no major environmental issues identified to date [64][66]. - A closure and rehabilitation plan is being prepared, with preliminary costs estimated at $11.5 million [68]. Stakeholder Engagement - Wallbridge is actively engaging with local First Nations and stakeholders to ensure community involvement and support for the project [69][70].