Waste Management Inc (WM) Updates FY12 Earnings Guidance
Waste Management Inc (WM) updated its FY12 earnings guidance on Wednesday. The company provided EPS guidance of $2.08-2.13 for the period.
Several analysts have also recently commented on the stock. Analysts at Wunderlich reiterated a hold rating on shares of Waste Management in a research note to investors on Monday. They now have a $35.00 price target on the stock. On a related note, analysts at JPMorgan Chase reiterated an underweight rating on shares of Waste Management in a research note to investors on Tuesday, October 16th. They now have a $34.00 price target on the stock. Finally, analysts at Wedbush raised their price target on shares of Waste Management to $30.00 in a research note to investors on Monday, October 1st.
Waste Management Inc (WM) opened at 32.54 on Wednesday. Waste Management Inc (WM) has a 1-year low of $29.77 and a 1-year high of $36.35. The company has a market cap of $15.084 billion and a price-to-earnings ratio of 16.48.
Waste Management last released its earnings data on Wednesday, October 31st. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.01. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Analysts expect that Waste Management Inc (WM) will post $2.11 EPS for the current fiscal year.
Waste Management, Inc. (WMI) is a provider of integrated waste services in North America. Through its subsidiaries, the Company provides collection, transfer, recycling, disposal and waste-to-energy services.
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