More on Waste Management's Q1 • 7:53 AM
- Adjusted net income of $227M, or $0.49 per diluted share vs. $212M, or $0.45 per diluted share in the first quarter of 2014.
- During the quarter, the company returned $176M to shareholders in dividends.
- Free cash flow of $285M vs. $263M in the same quarter a year ago.
- Completed the acquisition of Deffenbaugh Disposal. Waste Management (NYSE:WM) expects the acquisition to add $52M in annual operating EBITDA once fully integrated.
- At the beginning of the year, the company gave guidance of $2.48-$2.55 for the full year, including a negative $0.03-$0.05 diluted earnings per share headwind from recycling commodities. The headwind is now anticipated to be closer to $0.10 per diluted share. Free cash flow guidance remains at $1.4B-$1.5B.
- Q1 results
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Focus Articles on WM
- Waste Management's Secret To Growth by Daniel Jones
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Press Releases on WM
- Waste Management Announces First Quarter Earnings (Business Wire)
- Waste Management Named to CR Magazine's 100 Best Corporate Citizens List (Business Wire)
- Waste Management Sets Date for First Quarter Earnings Release Conference Call (Business Wire)
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StockTalk on WM: WM StockTalk | Twitter WM | Twitter $WM | WM Instablogs
Recent Market Alerts on WM: All news | Earnings | Dividends | M&A | On the move
Transcripts on WM
- Q4 2014 Earnings Call by SA Transcripts
- Waste Management (WM) Q4 2014 Results - Earnings Call Webcast by SA Transcripts
- Waste Management's (WM) CEO David Steiner on Q3 2014 Results - Earnings Call Transcript by SA Transcripts
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