Categories AlphaGraphs, Earnings, Other Industries
WM Earnings: Highlights of Waste Management’s Q4 2022 results
Waste Management (NYSE: WM) has reported higher revenues and earnings for the fourth quarter of 2022. The company also provided guidance for fiscal 2023.
In the fourth quarter, adjusted earnings moved up 3% annually to $1.30 per share. Unadjusted profit remained broadly unchanged at $499 million or $1.21 per share.
At $4.94 billion, fourth-quarter revenues were up 5% year-over-year. In fiscal 2023, total company revenue is expected to grow between 4% and 5.5%.
Jim Fish, the company’s chief executive officer, said, “The collection and disposal business exceeded expectations and overcame high inflation and a tight labor market to deliver double-digit adjusted operating EBITDA growth in both the fourth quarter and for the full year.”
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: FedEx looks set to report mixed results for Q4 2025
FedEx Corp. (NYSE: FDX) is preparing to report fourth-quarter earnings on Tuesday, June 24, at 4:00 pm ET. Recently, the management lowered its full-year earnings and revenue guidance for the
How Ulta Beauty’s (ULTA) new strategy is fueling growth
Shares of Ulta Beauty, Inc. (NASDAQ: ULTA) were up over 1% on Monday. The stock has gained 31% over the past three months. The beauty retailer started fiscal year 2025
Earnings Preview: What to look for when Kroger (KR) reports Q1 2025 results
The Kroger Co. (NYSE: KR) is expected to report its first-quarter financial results next week. Customer engagement remained stable last year, driven by high-quality products and tailored promotional offers. Recently,