Waste Management misses revenue estimates on slower growth in healthcare waste unit
Jan 28 (Reuters) - Waste Management WM.N reported fourth-quarter revenue below Wall Street estimates on Wednesday, hurt by slower growth in its healthcare waste collection business.
Shares of the company fell 2.9% after the bell.
The U.S. waste collection industry is seeing uneven growth as higher interest rates and choppy commercial activity weigh on waste volumes.
Alongside municipal waste departments, WM and Republic Services RSG.N are two of the major companies that lead garbage collection across significant regions of the United States.
The company forecasts 2026 revenue to be between $26.4 billion and $26.6 billion.
The Houston, Texas-based company reported quarterly profit of $1.83 per share, compared to $1.48 per share in the year-ago period.
Its total revenue for the quarter ended December 31 rose about 7.1% to $6.31 billion. Analysts had expected revenue of $6.38 billion, according to data compiled by LSEG.
The company plans to return about $3.5 billion to shareholders in 2026 through dividends and share buybacks.
Related Articles
National Debt Bomb Ignited? Musk Warns U.S. Will Be 1000% Bankrupt Without AI
TradingKey - Tesla (TSLA) CEO Elon Musk recently issued another warning regarding the rapidly ballooning U.S. national debt. He stated clearly that without artificial intelligence and robotics, the United States will inevitably head toward fiscal bankruptcy.
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
