Earnings Forecast Research on Waste Management, Inc. (WM)

Waste Management, Inc. has received $0.77 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.74 while the top line estimate is $0.78 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 7.85%.

Waste Management, Inc. reported better than expected with a surprise EPS of 5% or $0.04 during its most recent quarterly earnings. The Actual EPS was $0.84 compared to the Estimated EPS of $0.8.

In the last quarter, Waste Management, Inc. reported Annual Earnings of $0.84. Based on the filings, last years Annual Earnings was, $2.61. In the last Quarter, WM reported a surprise Earnings per Share of 5% . The consensus estimate for current quarter is $0.77 and for the current fiscal year, the estimate is $2.91. For the Next fiscal year, the estimate is $3.16 based on the consensus.

Waste Management, Inc. (NYSE:WM) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.1 points or 0.14% at $69.5 with 1,374,112 shares getting traded. Post opening the session at $69.71, the shares hit an intraday low of $69.34 and an intraday high of $69.98 and the price was in this range throughout the day. The company has a market cap of $30,719 million and the number of outstanding shares has been calculated to be 442,003,090 shares. The 52-week high of Waste Management, Inc. (NYSE:WM) is $71.78 and the 52-week low is $51.68.

Waste Management Inc. provides integrated waste management services in North America and internationally. In North America, the company provides solid waste management services including collection, transfer, recycling and resource recovery services, and disposal services. Included in its international operations is the collection and transportation of solid, hazardous and medical wastes and recyclable materials and the treatment and disposal of recyclable materials.


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