In the latest close session, Waste Management (WM) was up +1.11% at $229.00. This move outpaced the S&P 500's daily gain of 0.55%. On the other hand, the Dow registered a gain of 0.63%, and the technology-centric Nasdaq increased by 0.91%. Shares of the garbage and recycling hauler witnessed a gain of 2.32% over the previous month, beating the performance of the Business Services sector with its loss of 2.82%, and the S&P 500's gain of 0.71%.The upcoming earnings release of Waste Management will be of great ...

Core Insights - Waste Management (WM) reported quarterly earnings of $1.98 per share, missing the Zacks Consensus Estimate of $2.01 per share, but showing an increase from $1.96 per share a year ago, resulting in an earnings surprise of -1.49% [1] - The company posted revenues of $6.44 billion for the quarter ended September 2025, which was below the Zacks Consensus Estimate by 0.71%, but an increase from $5.61 billion year-over-year [2] - Waste Management shares have increased by approximately 6.4% since the beginning of the year, underperforming compared to the S&P 500's gain of 15.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.00 on revenues of $6.48 billion, and for the current fiscal year, it is $7.55 on revenues of $25.36 billion [7] - The estimate revisions trend for Waste Management was mixed ahead of 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 bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Waste Management (WM) reported quarterly earnings of $1.67 per share, exceeding the Zacks Consensus Estimate of $1.65 per share, but down from $1.75 per share a year ago, indicating an earnings surprise of 1.21% [1] - The company generated revenues of $6.02 billion for the quarter, missing the Zacks Consensus Estimate by 1.33%, but showing an increase from $5.16 billion year-over-year [2] - Waste Management shares have increased by approximately 13.1% since the beginning of the year, contrasting with a -6.1% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.93 on revenues of $6.41 billion, and for the current fiscal year, it is $7.60 on revenues of $25.63 billion [7] - The estimate revisions trend for Waste Management is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Waste Removal Services industry, to which Waste Management belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]