Waste Management: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Waste Management Inc. (WM) on Tuesday reported third-quarter net income of $663 million.
The Houston-based company said it had profit of $1.63 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The garbage and recycling hauler posted revenue of $5.2 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $5.26 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
