Business · Yahoo Finance
Waste Management (WM) Stock Sinks As Market Gains: What You Should Know
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In the latest trading session, Waste Management (WM) closed at $229.53, marking a -1.4% move from the previous day.
Key facts
- In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.14 per share and a revenue of $26.57 billion, indicating changes of +8.53% and +5.44%, respectively
- Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988
- In the latest trading session, Waste Management (WM) closed at $229.53, marking a -1.4% move from the previous day
- On that day, Waste Management is projected to report earnings of $1.75 per share, which would represent year-over-year growth of 4.79%
Summary
Before today's trading, shares of the garbage and recycling hauler had gained 2.78% outpaced the Business Services sector's gain of 1.33% and lagged the S&P 500's gain of 8.11%. Analysts and investors alike will be keeping a close eye on the performance of Waste Management in its upcoming earnings disclosure. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.14 per share and a revenue of $26.57 billion, indicating changes of +8.53% and +5.44%, respectively, from the former year. It's also important for investors to be aware of any recent modifications to analyst estimates for Waste Management.