Investing.com - Waste Management (NYSE:WM) reported on Wednesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Waste Management announced earnings per share of $1.26 on revenue of $4.68B. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $4.62B.
Waste Management shares are down 10.27% from the beginning of the year, still down 10.88% from its 52 week high of $168.04 set on November 29, 2021. They are under-performing the S&P 500 which is down 4.61% from the start of the year.
Waste Management follows other major Industrials sector earnings this month
Waste Management's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.59 on revenue of $27.85B, compared to forecasts EPS of $3.09 on revenue of $27.06B.
Union Pacific had beat expectations on January 20 with fourth quarter EPS of $2.66 on revenue of $5.73B, compared to forecast for EPS of $2.61 on revenue of $5.6B.
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