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Why the Market Dipped But Waste Management (WM) Gained Today
WMWaste Management(WM) ZACKS·2025-02-28 00:20

Company Performance - Waste Management (WM) closed at $229.61, marking a +0.4% move from the prior day, outperforming the S&P 500's daily loss of 1.59% [1] - The stock has climbed by 9.13% in the past month, exceeding the Business Services sector's gain of 2.76% and the S&P 500's loss of 2.23% [1] Upcoming Financial Results - The company is expected to report an EPS of $1.69, a 3.43% decline compared to the same quarter of the previous year [2] - Revenue is anticipated to be $6.14 billion, indicating a 19.03% increase compared to the same quarter of the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $7.68 per share and revenue at $25.63 billion, representing changes of +6.22% and +16.16% from the prior year, respectively [3] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Waste Management reflect shifting business dynamics, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which assesses estimate changes, currently gives Waste Management a rank of 3 (Hold) [6] Valuation Metrics - Waste Management has a Forward P/E ratio of 29.79, trading at a premium compared to the industry average of 26.31 [7] - The company also has a PEG ratio of 2.72, which aligns with the average PEG ratio for Waste Removal Services stocks [8] Industry Context - The Waste Removal Services industry ranks in the bottom 45% of all industries, with a current Zacks Industry Rank of 139 [9]