Waste Management (WM) Q2 Earnings and Revenues Beat Estimates

Core Insights - Waste Management (WM) reported quarterly earnings of $1.92 per share, exceeding the Zacks Consensus Estimate of $1.89 per share, and up from $1.82 per share a year ago, representing an earnings surprise of +1.59% [1] - The company generated revenues of $6.43 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.39%, and up from $5.4 billion year-over-year [2] - Waste Management shares have increased approximately 13.8% year-to-date, outperforming the S&P 500's gain of 8.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.07 on revenues of $6.58 billion, and for the current fiscal year, it is $7.57 on revenues of $25.53 billion [7] - The estimate revisions trend for Waste Management was mixed prior to the earnings release, resulting in 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 ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another competitor in the industry, Republic Services (RSG), is expected to report quarterly earnings of $1.75 per share, reflecting a year-over-year increase of +8.7%, with revenues projected at $4.27 billion, up 5.4% from the previous year [9][10]