financetom
Business
financetom
/
Business
/
Waste Management misses Q1 revenue estimates, shares fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Waste Management misses Q1 revenue estimates, shares fall
May 25, 2025 8:27 PM

April 28 (Reuters) - Waste Management reported

first-quarter revenue below Wall Street estimates on Monday,

while posting higher expenses in the quarter related to the

integration of its new medical waste destruction businesses.

Shares of the company edged down more than 1% in

after-market trading.

The Houston, Texas-based company reported total revenue of

$6.01 billion, for the quarter ended March 31. Analysts on

average had expected $6.12 billion, according to data compiled

by LSEG.

However, the company posted a quarterly adjusted profit of

$1.67 per share, above analysts' average expectations of $1.62

per share.

WM, which collects and transfers trash to company landfills

and recycles it into clean, renewable energy, has been

benefiting from the use of automation, which has cut labor costs

and boosted efficiency.

The company said its selling, general and administrative

expenses in the quarter grew to $687 million, from $491 million

last year. This was due to the integration of its new medical

waste destruction businesses, referred to as WM Healthcare

Solutions, in its first full quarter as part of Waste

Management.

Last week, peer Republic Services ( RSG ) also missed

first-quarter revenue estimates, as lower volumes and bad

weather more than offset the impact of higher pricing and the

company's cost-cutting initiatives.

Alongside municipal waste departments, WM and Republic

Services ( RSG ) are two major companies that lead garbage collection

across significant regions of the United States.

Waste Management CEO Jim Fish said the company was on pace

to achieve its 2025 outlook.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Palantir, Anduril Reportedly Working on Trump's Golden Dome Missile Shield Project
Palantir, Anduril Reportedly Working on Trump's Golden Dome Missile Shield Project
Mar 25, 2026
06:07 AM EDT, 03/25/2026 (MT Newswires) -- Palantir Technologies ( PLTR ) and Anduril Industries are among the companies working on US President Donald Trump's $185 billion Golden Dome antimissile shield project, Reuters and The Wall Street Journal reported Tuesday, citing unnamed sources familiar with the matter. Sources told the news outlets that Palantir ( PLTR ) and Anduril are...
Form 8.3
Form 8.3
Mar 25, 2026
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION   (a) Full name of discloser: Massachusetts Financial Services Company (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
General Motors Reportedly Plans $600 Million Investment in South Korea Unit; Shares Up Pre-Bell
General Motors Reportedly Plans $600 Million Investment in South Korea Unit; Shares Up Pre-Bell
Mar 25, 2026
06:13 AM EDT, 03/25/2026 (MT Newswires) -- General Motors ( GM ) plans to invest $600 million in its South Korean operations, news outlets reported Wednesday, citing a company statement. The planned spending, which reflects a $300 million increase from the investment pledge announced in December, will be used to upgrade production facilities and strengthen the US automaker's South Korean...
Update: Ford Motor Recalling Over 250,000 SUVs in US Due to Software Issues
Update: Ford Motor Recalling Over 250,000 SUVs in US Due to Software Issues
Mar 25, 2026
06:07 AM EDT, 03/25/2026 (MT Newswires) -- (Updates with Ford's response in the fifth and sixth paragraphs.) Ford Motor ( F ) is recalling 254,640 sport utility vehicles in the US due to an issue with the image processing module A software, the US National Highway Traffic Safety Administration said in a notice Monday. The software may unexpectedly reset, causing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved