Waste Management Inc (NYSE:WM) shares are trading lower on Thursday after the company posted fourth‑quarter results that came in just shy of Wall Street expectations.
Earnings Come In Just Below Expectations
The company reported earnings of $1.93 per share, versus the consensus estimate of $1.94. Even so, profits were up 13.5% from the $1.70 per share earned a year ago. Revenue for the quarter came in at $6.31 billion, slightly below the $6.39 billion analysts were looking for, but still up more than 7% from last year’s $5.89 billion.
Waste Management also issued its full‑year 2026 revenue outlook of $26.43 billion to $26.63 billion, slightly below the Street’s estimate of $26.66 billion.
Despite the headline misses, the company highlighted strong operational momentum. Total operating EBITDA rose 13.3% in 2025, …