Waste Management Inc (NYSE:WM) reported better-than-expected earnings for the second quarter, after the closing bell on Monday.
The company posted quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.89 per share. The company reported quarterly sales of $6.430 billion which beat the analyst consensus estimate of $6.369 billion.
“As we described at our recent Investor Day, WM is building distinctive platforms to drive competitive differentiation and fuel a powerful, long-term growth engine to create shareholder value. Our second quarter results are a strong demonstration of our progress on all fronts,” said Jim Fish, WM’s CEO. “Our Collection and Disposal business produced robust organic revenue growth and margin expansion, achieving the Company’s best-ever operating expense …