Welcome to our dedicated page for Waste Management news (Ticker: WM), a resource for investors and traders seeking the latest updates and insights on Waste Management stock.
News and investor communications about WM (Waste Management) focus on its role as North America's leading provider of comprehensive environmental solutions and on developments across its solid waste, recycling, renewable energy and healthcare-related businesses. WM regularly issues press releases on quarterly and annual financial results, capital allocation decisions, and sustainability initiatives, giving investors and other stakeholders insight into how the business is performing and evolving.
Visitors to this WM news page can expect updates on earnings announcements, including details on revenue, operating EBITDA, margins and cash flow, as reported in the company’s quarterly results. WM also uses news releases to outline its capital allocation plans, such as dividend declarations, planned dividend increases and share repurchase authorizations, as well as commentary on leverage, free cash flow and investment priorities.
Because WM emphasizes sustainability and environmental solutions, its news often highlights investments in recycling infrastructure, recycling automation projects and renewable natural gas facilities, along with updates on landfill gas-to-electricity projects and its heavy-duty natural gas truck fleet. The company also publishes reports and survey-based research on recycling behaviors and trends, and announces changes in recycling programs, such as expanded acceptance of certain materials in curbside collection.
Additional WM news items may cover developments at WM Healthcare Solutions, integration progress following acquisitions, leadership and executive transitions, and information about investor events and webcasts. For anyone following WM stock (NYSE: WM) or tracking developments in environmental services, this page provides a centralized view of the company’s official announcements and disclosures over time.
Waste Management, Inc. (NYSE: WM) has declared a quarterly cash dividend of $0.575 per share, scheduled for payment on December 17, 2021. This dividend will be distributed to shareholders recorded on December 3, 2021, demonstrating the company's commitment to returning value to its investors. Waste Management is a leading provider of waste management services in North America, including collection, disposal, and recycling, with a strong focus on environmental sustainability.
Waste Management (WM) plans to invest
Waste Management, Inc. reported robust financial results for Q3 2021, with revenue reaching $4.665 billion, up from $3.861 billion in Q3 2020. This growth was fueled by a $260 million increase in collection and disposal operations, alongside $295 million from acquisitions, notably Advanced Disposal. Operating EBITDA rose to $1.323 billion, showcasing a margin of 28.4%. Diluted EPS improved to $1.28 from $0.92 year-over-year. The company anticipates total revenue growth of 17% to 17.5% for 2021, alongside a projected free cash flow between $2.5 billion and $2.6 billion.
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Waste Management (NYSE: WM) will release its third quarter 2021 financial results on October 26, 2021, before the market opens. Following the release, an investor conference call is scheduled for 10 a.m. ET. Interested investors can listen via a live audio webcast on their website or by phone. A replay of the call will be available until November 9, 2021. Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management services in North America.
Waste Management, Inc. (NYSE: WM) has declared a quarterly cash dividend of $0.575 per share, payable on September 17, 2021. Stockholders of record as of September 3, 2021 will receive this dividend. As a leader in North America's waste management services, Waste Management provides collection, disposal, recycling, and landfill gas-to-energy facilities across the United States and Canada. This dividend reflects the company's ongoing commitment to returning value to its shareholders.
Waste Management reported strong financial results for Q2 2021, with revenue reaching $4.476 billion, up from $3.561 billion in Q2 2020. Net income rose to $351 million from $307 million, translating to a diluted EPS of $0.83 compared to $0.72 last year. Adjusted operating EBITDA increased by 28%, and the company announced a revised 2021 revenue growth forecast of 15.5% to 16.0%. Additionally, Waste Management is enhancing shareholder returns with up to $1.35 billion in share repurchases.
Waste Management will release its Q2 2021 financial results before the market opens on July 27, 2021. An investor conference call is scheduled for 10 a.m. ET the same day. The call will be accessible via investors.wm.com or by phone for US/Canada listeners at 877-710-6139 and international listeners at 706-643-7398. A replay will be available until August 11, 2021. Waste Management is North America's leading provider of waste management services, including collection, disposal, and recycling.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for National Guaranty Insurance Company of Vermont (NGIC). The ratings outlook is stable, reflecting NGIC's strong balance sheet and operating performance, as well as effective risk management. However, a substantial portion of policyholder surplus is loaned back to Waste Management (WM), which has affected liquidity. Nonetheless, WM's robust financials offer a safety net. Negative actions could arise if NGIC's financial strength declines significantly or if WM faces credit profile deterioration.
Waste Management (NYSE: WM) is hosting Career Day events on May 21-22 to fill frontline driver and technician roles. The company introduces new employee benefits, including flexible work schedules, sign-on bonuses, and the 'Your Tomorrow' education program in partnership with Guild Education, allowing nearly 36,000 employees to access over 170 fully-funded educational programs. The events aim to attract new talent and support existing employees’ growth. This initiative showcases WM's commitment to reskilling and upskilling, enhancing its position as an employer of choice in the industry.