Waste Management (WM) Set to Announce Quarterly Earnings on Tuesday

Key Points

• Waste Management is expected to report Q3 2026 results after the market closes on October 27. Analysts forecast earnings of $2.18 per share on revenue of $6.81 billion, with a conference call scheduled for October 28.
• In its previous quarter, WM earned $2.02 per share, beating estimates by $0.04, while revenue rose 4% year over year to $6.68 billion but fell short of expectations.
• Analysts maintain a Moderate Buy consensus with an average price target of $256.06, compared with the stock’s reported price of $226.83. WM also pays a quarterly dividend of $0.945 per share, yielding about 1.7%.

Waste Management (NYSE:WM - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $2.18 per share and revenue of $6.81 billion for the quarter. Interested persons can check the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 10:00 AM ET.

Waste Management (NYSE:WM - Get Free Report) last posted its earnings results on Tuesday, July 28th. The business services provider reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.04. Waste Management had a return on equity of 31.68% and a net margin of 11.11%. The firm had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.71 billion. During the same quarter in the prior year, the business posted $1.92 earnings per share. The business's quarterly revenue was up 4.0% on a year-over-year basis. On average, analysts expect Waste Management to post $8.12 EPS for the current fiscal year and $9.01 EPS for the next fiscal year.

Waste Management Price Performance

Waste Management stock opened at $226.83 on Tuesday. The firm has a market capitalization of $90.67 billion, a P/E ratio of 29.31, a PEG ratio of 2.89 and a beta of 0.42. Waste Management has a one year low of $194.11 and a one year high of $248.13. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.91 and a quick ratio of 0.87. The business has a fifty day moving average price of $216.12 and a 200-day moving average price of $222.22.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were issued a dividend of $0.9450 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.78 dividend on an annualized basis and a yield of 1.7%. Waste Management's dividend payout ratio is 53.54%.

Wall Street Analysts Forecast Growth

WM has been the subject of several analyst reports. Oppenheimer cut their target price on Waste Management from $264.00 to $263.00 and set an "outperform" rating for the company in a research note on Wednesday, July 8th. Wolfe Research initiated coverage on Waste Management in a research report on Tuesday, September 15th. They set a "peer perform" rating on the stock. Morgan Stanley decreased their price target on Waste Management from $230.00 to $220.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 13th. Royal Bank Of Canada increased their price target on shares of Waste Management from $240.00 to $244.00 and gave the stock a "sector perform" rating in a report on Thursday, July 30th. Finally, Citigroup raised their price objective on shares of Waste Management from $263.00 to $269.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Thirteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $256.06.

Insider Buying and Selling at Waste Management

In related news, CAO John Carroll sold 1,365 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $219.90, for a total value of $300,163.50. Following the sale, the chief accounting officer owned 3,509 shares in the company, valued at approximately $771,629.10. This trade represents a 28.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.18% of the company's stock.

Waste Management Company Profile

Waste Management, Inc, doing business as WM NYSE: WM, is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM's services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.

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