The Waste Management (WM) company continues to showcase impressive numbers across investment channels. There were several positives including the announcement of Q1 2024 Earnings Call, their Stocks gaining despite market dips and regular dividends. WM has made numerous impactful strides, including becoming Major League Baseball's first sustainability-focused partner and announcing the acquisition of Hometown Haulers. The company's shares saw a 37% increase in a year and investors who placed their trust a few years back have seen handsome returns. However, the company missed its Q2 earnings by a slight margin, but the view was reiterated for potential growth.
WM closed the 2023 fiscal year on a profitable note and is hopeful for an even better 2024 as their CFO excels continuously in her role. The company saw a bright spot in an updated and favorable view on valuation after their latest earnings, while the company profile, stock price, news, and rankings showed positive growth. There were concerns about the company utilizing too much debt, but they successfully managed it responsibly. Some discord did arise regarding forced overtime, pensions, and benefits. A delay in trash pickup schedule is another operational setback in recent times. However, Waste Management managed to keep maintaining profitable operations while diverting nearly 15 million tons from landfills
Waste Management WM News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Mon, 06 May 2024 23:23:19 GMT - Rating 6 - Innovation 7 - Information 7 - Rumor 3
