105.52 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||105.59 x 800|
|Ask||108.00 x 900|
|Day's Range||105.36 - 107.25|
|52 Week Range||79.96 - 107.25|
|Beta (3Y Monthly)||0.67|
|PE Ratio (TTM)||23.71|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||2.05 (1.97%)|
|1y Target Est||110.80|
Waste Management's (WM) first-quarter 2019 revenues benefit from strong yield and volume growth in collection and disposal business.
The waste disposal company reported first-quarter net income of $347 million, or 94 cents per share, on revenue of $3.7 billion. "The strong results we generated in the first quarter demonstrate that delivering an outstanding customer experience and focusing on continuous improvement produce solid growth in our business," said Jim Fish, president and CEO of Waste Management. The company said that revenue growth was driven by strong yield and volume growth in the company's collection and disposal business, which contributed $190 million of incremental revenue.
The Houston-based company said it had net income of 81 cents per share. Earnings, adjusted for asset impairment costs, came to 94 cents per share. The results exceeded Wall Street expectations. The average ...
Company Grows Cash from Operations by 10% in the First Quarter; Reaffirms Full-Year Guidance, Excluding Acquisition-Related Considerations
WILMINGTON, Del., April 24, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Electronics For Imaging, Inc. (NASDAQ GS: EFII) regarding possible breaches.
Waste Management (WM) first-quarter 2019 revenues likely to benefit from strength across its collection and disposal business.
NEW YORK , April 19, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Advanced Disposal Services, Inc. (NYSE: ADSW) and its board of directors for breach of fiduciary duty ...
Waste Management (WM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW ORLEANS, April 16, 2019 -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the.
NEW YORK, April 16, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Advanced Disposal Services, Inc. (NYSE: ADSW) on.
Waste Management, Inc.'s (NYSE:WM) most recent earnings update in December 2018 indicated that the company endured a minor headwind with earnings...
The acquisition is anticipated to be immediately accretive to Waste management's (WM) adjusted EPS and cash flow from core operating performance and selling general and administrative cost savings.
WILMINGTON, Del., April 15, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of Advanced Disposal Services, Inc. (NYSE: ADSW)?Did you purchase any of your shares prior.
Stocks that moved substantially or traded heavily on Monday: Electronics For Imaging Inc., up $8.60 to $38 The digital printing company is being bought by private equity firm Siris Capital Group LLC for ...
The U.S. stock market has proven to be an historic juggernaut, and its stellar performance this year only solidifies its reputation. But is it time to diversify overseas? Our call of the day says “yes!”
Waste Management news about the company's plan to acquire Advanced Disposal (NYSE:ADSW) has WM stock up on Monday.Source: Shutterstock Waste Management (NYSE:WM) is planning to acquire Advanced Disposal for a total of $3.00 billion. This will have it paying $33.15 per share in cash for ADSW stock. The value of the deal reaches $4.90 billion when taking into account for $1.90 billion of Advanced Disposal's net debt.The Waste Management news about its offer for Advanced Disposal is also good news for ADSW stock as well. The offer of $33.15 per share for the stock represents a roughly 22% premium over the stock's closing price as of April 12.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWaste Management notes that it is expecting to see several benefits from its acquisition of Advanced Disposal. This includes the company being able to expand its footprint through the deal. It is also looking for the acquisition to be immediately accretive to its earnings and cash flow.The Waste Management news has the company expecting synergies to come from its acquisition of Advanced Disposal. Among these are $100 million in projected annual cost and capital expenditure synergies. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Waste Management already has the unanimous approval from both companies' Board of Directors to move forward with the deal. However, it will still need approval from ADSW shareholders and regulators before it can close. If all goes well, the two companies are expecting the deal to close in the first quarter of 2020.WM stock was up 2% and ADSW stock was up 18% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Waste Management News: WM Stock Pops on $3 Billion Advanced Disposal Deal appeared first on InvestorPlace.
The deal will combine the largest comprehensive waste management company in North America and the fourth-largest solid waste company in the U.S.
Jim Cramer explains why investors should consider Waste Management for their portfolios after the company's latest acquisition.