A Peek at Waste Management's Future Earnings

Waste Management (NYSE:WM) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Waste Management to report an earnings per share (EPS) of $1.89.

Anticipation surrounds Waste Management's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.01, leading to a 8.03% drop in the share price the following trading session.

Here's a look at Waste Management's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.83

1.50

1.53

1.61

EPS Actual

1.82

1.75

1.74

1.63

Price Change %

-8.0%

1.0%

6.0%

6.0%

Analyst Opinions on Waste Management

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Waste Management.

The consensus rating for Waste Management is Neutral, derived from 1 analyst ratings. An average one-year price target of $220.0 implies a potential 5.31% upside.

Peer Ratings Overview

This comparison focuses on the analyst ratings and average 1-year price targets of Republic Servs, Rollins ...