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Earnings Preview: What To Expect From Waste Management's Report
Yahoo Finance· 2025-10-09 01:25
Core Insights - Waste Management, Inc. (WM) has a market capitalization of $87.6 billion and is a leading provider of waste management and environmental solutions in North America and internationally [1] Financial Performance - WM is expected to release its fiscal Q3 2025 results on October 27, with analysts projecting an adjusted EPS of $2.03, reflecting a 3.6% increase from $1.96 in the same quarter last year [2] - For fiscal 2025, analysts forecast an adjusted EPS of $7.57, which is a 4.7% increase from $7.23 in fiscal 2024, and a further rise to $8.51 in fiscal 2026, representing a 12.4% year-over-year growth [3] Stock Performance - WM stock has increased by 5.3% over the past 52 weeks, underperforming compared to the S&P 500 Index's 17.4% return and the Industrial Select Sector SPDR Fund's 14.5% gain during the same period [4] - Following the release of Q2 2025 results, WM shares rose by 3.4%, with adjusted earnings reported at $1.92 per share and revenue at $6.43 billion, exceeding forecasts [5] Analyst Ratings - The consensus rating for WM stock is "Moderate Buy," with 13 analysts recommending "Strong Buy," one suggesting "Moderate Buy," and 11 providing a "Hold" rating [6] - The average analyst price target for Waste Management is $259.68, indicating a potential upside of 18.3% from current levels [6]
374Water Appoints Stephen J. Jones as Interim President and Chief Executive Officer
Globenewswire· 2025-10-08 20:01
Core Viewpoint - 374Water Inc. has appointed Stephen J. Jones as Interim President and CEO to lead the company through its next phase of commercialization and project deployments, succeeding Chris Gannon who has stepped down [1][4]. Company Leadership Change - Stephen J. Jones, a current board member, has extensive experience in corporate leadership and environmental services, previously serving as President and CEO of Covanta Holding Corporation [2][4]. - Jones will also oversee the search for a permanent CEO while focusing on the commercialization of the company's super critical water oxidation (SCWO) technology [1][4]. Compensation Details - Mr. Jones has agreed to a nominal base salary of $1.00 and has received stock options to align his incentives with shareholder interests [3]. Strategic Focus - The Board believes this leadership change is timely as the company aims to commercialize its SCWO technology and pursue strategic partnerships related to its Waste Destruction Services (WDS) business model [4]. - Jones expressed confidence in the company's potential for value creation and emphasized the importance of employee dedication in achieving shared success [6]. Upcoming Financial Update - A strategic update and business performance review will be provided during the third quarter results conference call scheduled for November 12, 2025 [1][7].
X @TechCrunch
TechCrunch· 2025-10-08 16:03
Ganiga's fleet of waste-sorting technology is meant to help companies track and reduce the waste they produce. https://t.co/FKKLN8gomb ...
Sustainable Green Team, Ltd. (SGTM), Launches Regional Licensing Partner Program to Transform Waste into Sustainable Solutions
Globenewswire· 2025-10-08 14:00
Core Insights - The company, Sustainable Green Team, Ltd. (SGTM), has launched a Regional Licensing Partner Program aimed at transforming waste into eco-friendly products, aligning with American manufacturing and promoting a waste-to-wealth model [1][2]. Group 1: Program Objectives - The primary objective is to establish a nationwide network of licensed distributors (Regional Licensing Partners) within 24 months to manufacture and distribute SGTM-related products [4]. - Secondary objectives include empowering local businesses to produce and distribute sustainable products, targeting companies with access to organic waste streams and existing infrastructure [5]. Group 2: Strategic Partnerships and Innovations - The company has formed an elite advisory team of scientists and engineers to drive innovations in waste-to-energy solutions, with a pilot facility planned in Florida for Q1 2026 [2]. - Strategic partnerships with bagging companies will enhance the efficiency of packaging and distribution processes for licensed distributors [6][8]. Group 3: Product Offerings and Environmental Impact - SGTM's product line includes innovative solutions like Soil Concentrate, Water Less Garden, Living Mulch, and Deer Soil, aimed at improving soil health and promoting sustainable agriculture [5][7]. - The company focuses on converting organic waste into valuable products, thereby reducing greenhouse gas emissions and advancing environmental restoration [7].
Sustainable Green Team, Ltd. (SGTM), Launches Regional Licensing Partner Program to Transform Waste into Sustainable Solutions
Globenewswire· 2025-10-08 14:00
Core Insights - Sustainable Green Team, Ltd. (SGTM) has launched a Regional Licensing Partner Program aimed at transforming waste into eco-friendly products, aligning with American manufacturing and promoting a waste-to-wealth model [1][2] - The initiative is supported by an elite advisory team focused on waste-to-energy solutions, with plans for a pilot facility in Florida set to begin construction in Q1 2026 [2][3] - The program aims to establish a nationwide network of licensed distributors within 24 months, focusing on environmentally conscious products such as wood-based mulch and soil amendments [3][4] Company Strategy - The primary objective is to create a network of Regional Licensing Partners (RL Partners) across the United States to manufacture and distribute SGTM-related products [3] - Secondary objectives include empowering local businesses to produce sustainable products using SGTM's innovative Soil Concentrate™ and existing product line, targeting companies with access to organic waste [4][5] - Strategic partnerships with bagging companies will enhance the efficiency of packaging and distribution processes, supporting the overall business plan [5][6] Environmental Impact - The program promotes sustainable practices that benefit the environment, addressing waste challenges while creating economic opportunities [6] - SGTM's mission includes converting waste into valuable products, reducing greenhouse gas emissions, and advancing environmental restoration [6][7] - The company's transformative soil solutions aim to enhance soil health and address waste challenges for both consumers and large-scale agricultural operations [8]
X @Bloomberg
Bloomberg· 2025-10-07 22:52
Struggling Brazilian waste management company Ambipar Participações e Empreendimentos is working with advisers to prepare a bankruptcy filing for as soon as next week, according to sources https://t.co/Vg33zIqtQD ...
Clean Earth Installs New Foam Fractionation Unit to Remediate PFAS
Globenewswire· 2025-10-07 12:00
Core Insights - Clean Earth, a division of Enviri Corporation, has installed a foam fractionation unit at its Detroit facility to enhance its capabilities in removing PFAS from water [1][2]. Technology and Innovation - The newly commissioned foam fractionation unit is designed to efficiently separate PFAS from aqueous materials, addressing a significant environmental challenge [2][3]. - This advanced technology not only targets PFAS but also integrates additional treatment processes to ensure compliance with discharge standards [2][3]. Market Position and Commitment - Clean Earth aims to lead in sustainable remediation technologies as PFAS regulations evolve, positioning itself to help customers manage environmental impacts and compliance [3]. - The company is expanding its portfolio of PFAS remediation solutions, enhancing its capacity to treat more complex contamination levels [3][4]. Research and Development - Clean Earth continues to invest in PFAS research and development, focusing on novel technologies to support future growth and client services [4]. Company Overview - Clean Earth operates a network of 93 locations across the United States, providing a wide range of waste management and environmental services [5].
Veolia North America names new CEO
Yahoo Finance· 2025-10-07 09:29
Core Insights - Veolia North America has appointed Nadège Petit as its new CEO effective December 1, aiming to enhance the company's growth strategy in North America [2][6] - Petit brings extensive experience in international business development and innovation, previously serving as Chief Innovation Officer at Schneider Electric [3][7] - Veolia North America targets a 50% growth in the region, primarily through facility investments and acquisitions, including $350 million in deals announced earlier this year [4][5] Company Strategy - The recent acquisitions include two Massachusetts-based companies, New England Disposal Technologies and New England MedWaste, as well as Ingenium in California, which specializes in waste management services [5] - Veolia has also invested in PFAS treatment, opening a $35 million plant in Delaware, with plans to develop over 100 PFAS treatment sites in the U.S. as part of its BeyondPFAS initiative [5] Leadership Changes - Nadège Petit’s appointment follows a period of leadership transitions in Veolia's North American sector, with Sébastien Daziano serving as interim CEO prior to her arrival [6] - The outgoing CEO, Frédéric Van Heems, was asked to step down after serving since 2021, although the reasons for this change were not specified [6]
4 Reasons to Love Waste Management's Dividend
Yahoo Finance· 2025-10-06 12:51
Core Insights - Waste Management (WM) is positioned as a leading provider of waste collection, recycling, and landfill services in North America, offering both reliable dividend income and business quality [2] Dividend Growth - WM's board approved a 10% increase in the dividend rate for 2025, raising the quarterly payout from $0.75 to $0.825 per share, marking 22 consecutive years of annual increases [4] - The company has raised its full-year free cash flow outlook to between $2.8 billion and $2.9 billion, indicating strong cash flow to support the dividend [5] Business Performance - WM's core collection and disposal franchise experienced a 7.1% year-over-year revenue growth in Q2, contributing to a total revenue of approximately $6.4 billion, which is a 19% increase year over year [6] - The integration of the Stericycle acquisition has positively impacted growth rates, with CEO Jim Fish highlighting robust organic growth and operational efficiency [7]
TotalEnergies, Veolia Partner To Drive Low-Carbon Future
Yahoo Finance· 2025-10-06 10:48
Core Insights - TotalEnergies SE and Veolia Environnement have signed a memorandum of understanding to enhance their partnership focused on energy transition and circular economy [1][2] - The collaboration aims to leverage TotalEnergies' expertise in methane emissions reduction and low-carbon energy solutions alongside Veolia's capabilities in water resource management and waste recovery [1][2] Group 1: Partnership Objectives - The agreement emphasizes both companies' commitment to reducing greenhouse gas emissions and water consumption while fostering innovation across various industries [2] - Veolia plans to utilize TotalEnergies' AUSEA drone technology for methane detection at landfills, aiming to capture 80% of landfill methane by 2032 [3] - TotalEnergies aims to reduce freshwater use by 20% in water-stressed areas by 2030 with Veolia's assistance [3] Group 2: Collaborative Projects - The companies intend to work on wastewater reuse projects at TotalEnergies sites and repurpose municipal wastewater for industrial applications [4] - Veolia's treatment technologies will be applied to enhance water efficiency in these collaborative efforts [4] Group 3: Market Reaction - TotalEnergies shares experienced a slight decline of 0.12%, trading at $59.63 in premarket [5]