Waste Management Inc. (WM) reported second-quarter 2024 results, wherein earnings met the Zacks Consensus Estimate, while revenues missed the same. Quarterly Numbers in Detail Balance Sheet & Cash Flow 2024 Outlook Fiserv, Inc. (FI) reported mixed second-quarter 2024 results. Thestock has gained 26.6% in the past year, outperforming 22.9% and 22.6% growth of the industry it belongs to and the Zacks S&P 500 Composite, respectively. The adjusted operating EBITDA was $1.6 billion, which met our estimate and in ...

The reported revenue represents a surprise of -0.24% over the Zacks Consensus Estimate of $5.41 billion. With the consensus EPS estimate being $1.82, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial ro ...

Waste Management (WM) came out with quarterly earnings of $1.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. What's Next for Waste Management? It will be interesting to see how estimates for the ...

Fish continued, "We continue to strategically expand our core collection and disposal operations in North America through targeted acquisitions in new geographies like Long Island, New York and through tuck-in acquisitions in growth markets in Florida, North Carolina, and Arizona. Looking forward, we are excited about our planned acquisition of Stericycle, and we are progressing through the customary regulatory reviews. At the same time, we are making significant strides on our sustainability investments, h ...

However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. While there are numerous reasons why the stock of this garbage and recycling hauler is a great growth pick right now, we have highlighted three of the most important factors below: While the historical EPS growth rate for Waste Management is 9.8%, investors ...

Westford, USA, July 22, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Waste Management market will attain a value of $2.07 Trillion by 2031, with a CAGR of 5.4% over the forecast period (2024-2031). Waste management is the systematic collection, transportation, and disposal of waste materials caused by human activities. It is done to minimize the negative effects on health and the environment. The waste management market is driven by rise in the environment and societal problems. Governments of countr ...

The circular economy involves recycling, reusing, and repurposing products to extend their usable lifetime. Among the oil and gas industry's conventional products, plastics are the most relevant to the circular economy. The use of plastics has skyrocketed in the last few decades and has accelerated plastic pollution in the soil and aquatic environments. The ill effects of plastic waste and the limited nature of fossil fuels used for plastic production have prompted efforts to achieve sustainability with pla ...

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. What are the Zacks Style Scores? Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance t ...

In the latest trading session, Waste Management (WM) closed at $223.32, marking a +1.1% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 1.39%. Elsewhere, the Dow saw an upswing of 0.6%, while the tech-heavy Nasdaq depreciated by 2.77%. Heading into today, shares of the garbage and recycling hauler had gained 6.25% over the past month, outpacing the Business Services sector's gain of 0.5% and the S&P 500's gain of 4.43% in that time. Analysts and investors alike w ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $5.41 billion, up 5.7% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. The Zacks Earnings ESP c ...