Waste Management Earnings Estimate

WM Stock  USD 228.46  1.01  0.44%   
The next projected EPS of Waste Management is estimated to be 1.82 with future projections ranging from a low of 1.8 to a high of 1.8625. Waste Management's most recent 12-month trailing earnings per share (EPS TTM) is at 6.55. Please be aware that the consensus of earnings estimates for Waste Management is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Waste Management is projected to generate 1.82 in earnings per share on the 31st of December 2024. Waste Management earnings estimates module stress-tests analyst consensus about projected Waste Management EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Waste Management, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Waste Management Revenue Breakdown by Earning Segment

By analyzing Waste Management's earnings estimates, investors can diagnose different trends across Waste Management's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Waste Management's Operating Profit Margin is very stable compared to the past year. As of the 28th of November 2024, Gross Profit Margin is likely to grow to 0.46, while Gross Profit is likely to drop about 4.1 B.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Waste Management Earnings Estimation Breakdown

The calculation of Waste Management's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Waste Management is estimated to be 1.82 with the future projection ranging from a low of 1.8 to a high of 1.8625. Please be aware that this consensus of annual earnings estimates for Waste Management is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.96
1.80
Lowest
Expected EPS
1.82
1.86
Highest

Waste Management Earnings Projection Consensus

Suppose the current estimates of Waste Management's value are higher than the current market price of the Waste Management stock. In this case, investors may conclude that Waste Management is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Waste Management's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
2395.09%
1.96
1.82
6.55

Waste Management Earnings History

Earnings estimate consensus by Waste Management analysts from Wall Street is used by the market to judge Waste Management's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Waste Management's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Waste Management Quarterly Gross Profit

2.21 Billion

At this time, Waste Management's Retained Earnings are very stable compared to the past year. As of the 28th of November 2024, Price Earnings To Growth Ratio is likely to grow to 6.63, while Retained Earnings Total Equity is likely to drop about 9.3 B. As of the 28th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 2.7 B, while Common Stock Shares Outstanding is likely to drop about 402.9 M.
Hype
Prediction
LowEstimatedHigh
227.13228.28229.43
Details
Intrinsic
Valuation
LowRealHigh
170.88172.03251.31
Details
Naive
Forecast
LowNextHigh
225.74226.89228.04
Details
23 Analysts
Consensus
LowTargetHigh
163.40179.56199.31
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Waste assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Waste Management. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Waste Management's stock price in the short term.

Waste Management Earnings per Share Projection vs Actual

Actual Earning per Share of Waste Management refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Waste Management predict the company's earnings will be in the future. The higher the earnings per share of Waste Management, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Waste Management Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Waste Management, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Waste Management should always be considered in relation to other companies to make a more educated investment decision.

Waste Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Waste Management's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-28
2024-09-301.891.960.07
2024-07-24
2024-06-301.831.82-0.01
2024-04-24
2024-03-311.511.750.2415 
2024-02-12
2023-12-311.531.740.2113 
2023-10-24
2023-09-301.611.630.02
2023-07-25
2023-06-301.541.51-0.03
2023-04-26
2023-03-311.291.310.02
2023-01-31
2022-12-311.411.3-0.11
2022-10-26
2022-09-301.511.560.05
2022-07-27
2022-06-301.41.440.04
2022-04-26
2022-03-311.141.290.1513 
2022-02-02
2021-12-311.261.260.0
2021-10-26
2021-09-301.361.26-0.1
2021-07-27
2021-06-301.191.270.08
2021-04-27
2021-03-311.011.060.05
2021-02-18
2020-12-311.091.130.04
2020-11-02
2020-09-301.021.090.07
2020-07-30
2020-06-300.810.880.07
2020-05-06
2020-03-310.920.930.01
2020-02-13
2019-12-311.151.190.04
2019-10-23
2019-09-301.141.190.05
2019-07-25
2019-06-301.081.110.03
2019-04-25
2019-03-310.920.940.02
2019-02-14
2018-12-311.061.130.07
2018-10-25
2018-09-301.111.150.04
2018-07-25
2018-06-300.991.010.02
2018-04-20
2018-03-310.830.910.08
2018-02-15
2017-12-310.830.850.02
2017-10-26
2017-09-300.880.890.01
2017-07-26
2017-06-300.810.820.01
2017-04-26
2017-03-310.660.660.0
2017-02-16
2016-12-310.770.76-0.01
2016-10-26
2016-09-300.80.840.04
2016-07-27
2016-06-300.710.740.03
2016-04-28
2016-03-310.550.580.03
2016-02-18
2015-12-310.680.710.03
2015-10-27
2015-09-300.710.750.04
2015-07-23
2015-06-300.630.670.04
2015-04-29
2015-03-310.480.490.01
2015-02-17
2014-12-310.60.670.0711 
2014-10-29
2014-09-300.680.720.04
2014-07-29
2014-06-300.590.60.01
2014-04-24
2014-03-310.440.490.0511 
2014-02-18
2013-12-310.610.56-0.05
2013-10-29
2013-09-300.620.650.03
2013-07-30
2013-06-300.550.54-0.01
2013-04-24
2013-03-310.410.4-0.01
2013-02-14
2012-12-310.60.57-0.03
2012-10-31
2012-09-300.60.610.01
2012-07-26
2012-06-300.520.520.0
2012-04-26
2012-03-310.40.38-0.02
2012-02-16
2011-12-310.60.60.0
2011-10-27
2011-09-300.610.630.02
2011-07-28
2011-06-300.550.5-0.05
2011-04-28
2011-03-310.410.39-0.02
2011-02-17
2010-12-310.540.60.0611 
2010-10-28
2010-09-300.580.55-0.03
2010-07-29
2010-06-300.540.540.0
2010-04-29
2010-03-310.430.41-0.02
2010-02-16
2009-12-310.480.520.04
2009-10-29
2009-09-300.530.540.01
2009-07-30
2009-06-300.540.52-0.02
2009-04-29
2009-03-310.410.420.01
2009-02-12
2008-12-310.480.490.01
2008-10-30
2008-09-300.620.630.01
2008-07-29
2008-06-300.590.630.04
2008-04-29
2008-03-310.460.470.01
2008-02-13
2007-12-310.510.540.03
2007-10-26
2007-09-300.590.54-0.05
2007-07-31
2007-06-300.520.560.04
2007-04-27
2007-03-310.360.430.0719 
2007-02-08
2006-12-310.460.470.01
2006-10-25
2006-09-300.480.550.0714 
2006-07-28
2006-06-300.430.450.02
2006-04-27
2006-03-310.30.350.0516 
2006-02-14
2005-12-310.40.460.0615 
2005-10-27
2005-09-300.430.450.02
2005-07-28
2005-06-300.40.38-0.02
2005-04-28
2005-03-310.280.26-0.02
2005-02-10
2004-12-310.380.390.01
2004-10-28
2004-09-300.410.4-0.01
2004-07-29
2004-06-300.370.370.0
2004-04-29
2004-03-310.260.25-0.01
2004-02-12
2003-12-310.330.390.0618 
2003-10-30
2003-09-300.370.35-0.02
2003-08-05
2003-06-300.340.32-0.02
2003-04-29
2003-03-310.230.2-0.0313 
2003-02-18
2002-12-310.340.390.0514 
2002-10-31
2002-09-300.380.380.0
2002-08-01
2002-06-300.350.350.0
2002-05-07
2002-03-310.260.25-0.01
2002-02-26
2001-12-310.260.25-0.01
2001-11-07
2001-09-300.370.36-0.01
2001-08-08
2001-06-300.340.33-0.01
2001-05-09
2001-03-310.250.24-0.01
2001-03-08
2000-12-310.310.29-0.02
2000-11-06
2000-09-300.330.330.0
2000-08-08
2000-06-300.310.320.01
2000-05-10
2000-03-310.240.260.02
2000-03-27
1999-12-310.350.32-0.03
1999-11-09
1999-09-300.460.44-0.02
1999-08-03
1999-06-300.610.58-0.03
1999-05-06
1999-03-310.620.640.02
1999-02-25
1998-12-310.570.580.01
1998-11-13
1998-09-300.510.49-0.02
1998-07-21
1998-06-300.540.53-0.01
1998-04-29
1998-03-310.450.520.0715 
1998-02-25
1997-12-310.450.450.0
1997-11-11
1997-09-300.460.470.01
1997-08-07
1997-06-300.410.430.02
1997-05-12
1997-03-310.320.320.0
1997-03-07
1996-12-310.320.320.0
1996-11-12
1996-09-300.330.32-0.01
1996-08-13
1996-06-300.310.29-0.02
1996-05-14
1996-03-310.230.310.0834 

About Waste Management Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Waste Management earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Waste Management estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Waste Management fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings14.3 B15.1 B
Retained Earnings Total Equity15.1 B9.3 B
Earnings Yield 0.03  0.03 
Price Earnings Ratio 31.47  21.50 
Price Earnings To Growth Ratio 6.32  6.63 

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.153
Dividend Share
2.95
Earnings Share
6.55
Revenue Per Share
53.245
Quarterly Revenue Growth
0.079
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.