Waste Management: Q2 Earnings Snapshot

July 27, 2022 GMT

HOUSTON (AP) _ Waste Management Inc. (WM) on Wednesday reported second-quarter earnings of $587 million.

On a per-share basis, the Houston-based company said it had profit of $1.41. Earnings, adjusted for non-recurring costs, were $1.44 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.

The garbage and recycling hauler posted revenue of $5.03 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $4.84 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WM at https://www.zacks.com/ap/WM