Waste Management (WM), the notable waste handling service provider, is reportedly exploring the sale of its renewable natural gas unit, which might be worth approximately $3 billion. Over the last few years, the company's performance has been remarkable, bringing about 111% returns for investors. The company is demonstrating growth, as evident from their Q1 earnings surpassing estimates. Their shares gained 30% in the preceding 6 months and 37% over the last year, further making their business case more compelling. WM has been lauded for its sustainability initiatives, being a partner of the MLB focusing on such endeavours. Balancing their growth, WM has been thoughtfully managing its debt liabilities, assuring investors of its fiscal responsibilities. However, though investors' returns have been strong in the past five years, their earnings growth slightly lags behind. Yet, their impressive performance manifests in their Q1 2024 earnings and full-year outlook. Their use of digital technologies also portrays a tech-forward approach in optimizing costs and improving operations.
Waste Management WM News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Sat, 18 May 2024 12:00:15 GMT -
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- Information 9
- Rumor 4