Waste Management(WM)

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Waste Management (WM) Q4 Earnings Miss Estimates
ZACKS· 2025-01-30 02:16
Core 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]
Waste Management(WM) - 2024 Q4 - Annual Results
2025-01-30 01:55
EXHIBIT 99.1 WM Announces Fourth Quarter and Full-Year 2024 Earnings Solid Waste Business Growth Drives Company-Best Full-Year Operating EBITDA and Margin "The WM team achieved another year of exceptional results by continuously improving our core business, expanding our sustainability platforms, and adding medical waste and secure information destruction solutions for our customers," said Jim Fish, WM's President and CEO. "We delivered over 11% growth in adjusted operating EBITDA for the year as we advance ...
Find the Good Life in North Dakota partners with the Waste Management Phoenix Open
GlobeNewswire News Room· 2025-01-29 23:47
North Dakota, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Scottsdale, AZ – Find the Good Life in North Dakota is proud to showcase once again the high-quality of living North Dakota provides during the Waste Management Phoenix Open, one of the most celebrated golf tournaments in the world. To kick off this exciting partnership, Find the Good Life in North Dakota is hosting a special, free performance at Dierks Bentley’s Whiskey Row in Scottsdale, Arizona, featuring North Dakota’s own Tigirlily Gold, the 2024 ACM New ...
Waste Management (WM) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-01-25 00:21
Waste Management (WM) closed the latest trading day at $209.43, indicating a -0.32% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.32%, while the tech-heavy Nasdaq lost 0.5%.Shares of the garbage and recycling hauler witnessed a gain of 2.48% over the previous month, beating the performance of the Business Services sector with its gain of 1.82% and underperforming the S&P 500's gain of 2.52%.The investment community will be paying clos ...
WM Gears Up to Post Q4 Earnings: What Lies Ahead for the Stock?
ZACKS· 2025-01-24 16:25
WM (WM) is scheduled to release fourth-quarter 2024 results on Jan. 29, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.WM’s earnings surprise history has been decent. It surpassed the Zacks Consensus Estimate in three of the trailing four quarters and met once, the average beat being 8.6%.WM’s Q4 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $5.9 billion, suggesting a 12.6% rise from the year-ago quarter’s actual. We expect top-line growth to have bee ...
Why Waste Management (WM) is a Top Value Stock for the Long-Term
ZACKS· 2025-01-24 15:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...
Wallbridge Announces 2025 Fenelon, Martiniere and Regional Exploration Programs
Globenewswire· 2025-01-22 12:00
Core Viewpoint - Wallbridge Mining Company Limited has announced its fully-funded 2025 technical studies and exploration programs at its Fenelon and Martiniere gold projects, along with regional gold targets in northwestern Quebec [1][2]. 2025 Program Overview - The 2025 program includes the completion of an updated Preliminary Economic Assessment (PEA) for the Fenelon project, continued exploration drilling at the Martiniere project, and generative exploration for new targets within its 830 km property along the Detour-Fenelon gold trend [2][3]. - The updated PEA for Fenelon will build on the previous PEA completed in June 2023, focusing on a phased development approach to optimize capital and operating costs [3][4]. Financial Position - Wallbridge's cash balance as of December 31, 2024, was $21.2 million, ensuring that the 2025 exploration program and technical studies are fully funded [4]. Exploration Focus - Approximately 65% to 80% of the planned drilling program in 2025 will target the Martiniere gold system, with the remaining 20% to 35% allocated to new discovery opportunities [5]. - The 2024 drilling program at Martiniere returned multiple high-grade gold intercepts, prompting an additional 10,000 to 15,000 meters of drilling in 2025 to further explore and potentially expand the mineral resource [6][7]. Regional Exploration - The company plans to conduct 3,000 to 5,000 meters of drilling and related field mapping regionally to discover new zones of gold mineralization along the Detour-Fenelon gold trend [8]. Resource Estimates - Wallbridge's Fenelon and Martiniere projects contain a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources, with Fenelon projected to produce an average of 212,000 ounces of gold annually over 12 years according to the positive PEA [12].
Waste Management Stock is Consolidating: Buy, Hold, or Sell?
ZACKS· 2025-01-21 16:46
Waste Management, Inc. (WM) has remained stagnant over the past 10 months, showing no stock price growth, while the industry posted a modest 2.7% gain.The company’s performance lags behind key competitors such as Republic Services (RSG) , which experienced a 12% rise, and Clean Harbors (CLH) , which surged 24% during the same period.Given the consolidation, let's explore the factors shaping WM’s performance and evaluate whether this is an opportune moment to invest in the company.Over the years, WM has show ...
Wallbridge Announces Option Agreement to Sell 100% Interest of Non-Core N2 Property to Formation Metals
Globenewswire· 2025-01-16 12:00
TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has entered into an option agreement (the “Option Agreement”) with Formation Metals Inc. (CSE:FOMO) (“Formation”) granting Formation an option to acquire a one hundred percent (100%) ownership interest in and to the Company’s N2 property (the “Property”). Terms of the Option Agreement Pursuant to the Option Agreement, and subject to the approval of ...
Waste Management (WM) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-01-14 00:20
Waste Management (WM) closed the latest trading day at $207.53, indicating a +0.14% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.38%.Shares of the garbage and recycling hauler have depreciated by 2.79% over the course of the past month, outperforming the Business Services sector's loss of 5.61% and lagging the S&P 500's loss of 2.2%.Investors ...