Core Insights - Waste Management's stock closed at $216.91, down 1.35% from the previous day, underperforming the S&P 500's gain of 0.06% [1] - The stock has decreased by 2.02% over the past month, lagging behind the Business Services sector's gain of 0.95% and the S&P 500's gain of 3.94% [1] Earnings Performance - Waste Management is set to release its earnings on October 27, 2025, with analysts expecting earnings of $2.02 per share, reflecting a year-over-year growth of 3.06% [2] - The consensus estimate projects revenue of $6.49 billion, indicating a 15.79% increase from the same quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $7.58 per share and revenue of $25.37 billion, representing changes of +4.84% and +14.99% respectively compared to the previous year [3] - Recent changes to analyst estimates suggest a positive outlook for the business [3] Stock Performance and Valuation - The Zacks Rank system, which incorporates estimate changes, currently ranks Waste Management at 3 (Hold) [5] - The Forward P/E ratio for Waste Management is 29.02, which is a discount compared to the industry average Forward P/E of 30.6 [6] - The company has a PEG ratio of 2.69, compared to the industry average PEG ratio of 2.53 [7] Industry Context - The Waste Removal Services industry is part of the Business Services sector and has a Zacks Industry Rank of 159, placing it in the bottom 36% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Waste Management (WM) Stock Drops Despite Market Gains: Important Facts to Note