Waste Management (WM) Tops Q4 EPS by 7c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus
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Waste Management Announces Fourth Quarter and Full-Year 2018 Earnings
February 14, 2019 7:07 AM ESTThe Company Generates Its Best Ever Full-Year Income and Cash Flow from Operations
HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended December 31, 2018. Revenues for the fourth quarter of 2018 were $3.84 billion, compared with $3.65 billion for the same 2017 period. Net income for the quarter was $531 million, or $1.24 per diluted share, compared with net income of $903 million, or $2.06 per diluted share, for the fourth quarter of 2017.(a) On an adjusted basis, earnings per diluted share were $1.13 for the fourth quarter of 2018, compared with $0.85 for the fourth... More
