Waste Management (WM) is adjusting to recent changes, including the retirement of CFO Devina Rankin, succeeded by David Reed, signaling a stable leadership transition. Despite this,
WM still projects up to $29B revenue by 2027, thanks to their focus on recycling and RNG.
WM's dividends remain resilient at $0.825 per share, reflecting continued profit-making capability. Growing investor optimism has been seen despite the earnings volatility.
WM managed to surpass Q1 earnings estimates amidst a challenging market, trumping investor sentiment. Haverford Trust Co added 300,688
WM shares to its portfolio, highlighting the company's attractiveness to institutional investors.
WM's Q2 earnings beat forecasts, with the company's net income growth encouragingly at 6.9%. Even with a decrease in 2025 revenue guidance, quarterly revenue growth was reported at 19 percent. This growth implies a strong medium-term outlook for the company despite recent market fluctuations. In terms of new market entries,
WM has made acquisitions including DC's WB Waste Solutions and Miller Recycling of Massachusetts, showing strong strategic growth. WM’s focus on recycling and renewable energy innovations underpins the company’s sustainability agenda. With a strong leadership transition and innovation,
WM continues to demonstrate a long-term solid performance.
Waste Management WM News Analytics from Tue, 31 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 02:56:56 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -2
