Waste Management (NYSE:WM) Releases Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Waste Management (NYSE:WM) released its quarterly earnings data on Tuesday. The business services provider reported $2.15 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.03), FiscalAI reports. Waste Management had a net margin of 11.11% and a return on equity of 31.68%. The business had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.81 billion. During the same period last year, the business earned $1.98 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year.

Waste Management Trading Down 4.6%

WM opened at $224.99 on Thursday. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.91 and a quick ratio of 0.87. Waste Management has a fifty-two week low of $194.11 and a fifty-two week high of $248.13. The company’s 50 day moving average price is $217.58 and its two-hundred day moving average price is $225.01. The firm has a market capitalization of $89.93 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 3.06 and a beta of 0.42.

Waste Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a dividend of $0.9450 per share. This represents a $3.78 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, September 11th. Waste Management’s payout ratio is presently 53.54%.

More Waste Management News

Here are the key news stories impacting Waste Management this week:

• Positive Sentiment: Third-quarter revenue rose 6.3% year over year to $6.846 billion, exceeding analysts’ $6.81 billion estimate. Management also expects full-year revenue and free cash flow toward the high ends of its guidance ranges. Waste Management’s Q3 2026 beats on revenue
• Positive Sentiment: The healthcare segment remained a growth driver, with operating EBITDA increasing 33% from the prior year. Adjusted operating results also improved substantially compared with the year-ago quarter. Waste Management: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Waste Management reported quarterly net income of approximately $820 million, while management’s earnings call emphasized continued growth initiatives and cash-flow execution. The company also provided an update related to its previously announced share-repurchase plan. Waste Management Q3 Earnings Snapshot
• Negative Sentiment: Adjusted earnings came in at $2.15 per share, below the $2.18 consensus estimate, although earnings increased from $1.98 a year earlier. The miss represents the primary immediate catalyst weighing on the stock. WM Q3 Earnings Miss Estimates
• Negative Sentiment: Higher fuel costs and risk-management expenses pressured margins, suggesting that rising operating costs are limiting the benefit of strong revenue growth. With WM’s P/E near 32 and PEG ratio above 3, investors may be less tolerant of earnings disappointments. WM Q3 Earnings Miss Estimates

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus lifted their price target on shares of Waste Management from $252.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Royal Bank Of Canada upped their price target on shares of Waste Management from $240.00 to $244.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Citigroup upped their price target on shares of Waste Management from $263.00 to $269.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Scotiabank raised their price objective on Waste Management from $250.00 to $260.00 and gave the company a “sector perform” rating in a report on Thursday, July 16th. Finally, UBS Group boosted their price objective on Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $256.47.

Insider Activity

In other news, CAO John Carroll sold 1,365 shares of Waste Management stock in a transaction on Friday, September 4th. The shares were sold at an average price of $219.90, for a total transaction of $300,163.50. Following the transaction, the chief accounting officer owned 3,509 shares in the company, valued at approximately $771,629.10. The trade was a 28.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.18% of the company’s stock.

Waste Management Company Profile

Waste Management, Inc, doing business as WM (NYSE:WM), is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM’s services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.