Shares of waste management services provider Waste Management (NYSE:WM)
jumped 3.3% in the afternoon session after the company reported strong second-quarter results that surpassed analyst expectations for both revenue and profit. The company posted revenue of $6.43 billion, marking a 19% increase year-over-year, alongside an adjusted earnings per share of $1.92. This growth was largely fueled by the acquisition of Stericycle, which contributed significantly to the positive results. In addition to beating on the top and bottom lines, Waste Management achieved a record operating expense margin, highlighting operational efficiency. The company also boosted investor confidence by raising its full-year free cash flow guidance by $125 million, projecting a range between $2.8 billion and $2.9 billion.
Waste management services provider Waste Management (NYSE:WM) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 19% year on year to $6.43 billion. On the other hand, the company’s full-year revenue guidance of $25.38 billion at the midpoint came in 0.5% below analysts’ estimates. Its non-GAAP profit of $1.92 per share was 1.6% above analysts’ consensus estimates.
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