NYSE$WM

Waste Management Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced strong organic revenue growth and operating efficiencies, driving double-digit growth in income from operations and diluted earnings per share.

Waste Management announced its financial results for the quarter ended September 30, 2022, demonstrating strong organic revenue growth and operating efficiencies that led to double-digit growth in income from operations and diluted earnings per share.

  • Reported strong organic revenue growth.
  • Operating efficiencies drove financial improvements.
  • Experienced double-digit growth in income from operations.
  • Diluted earnings per share saw double-digit growth.

Headline financials

Total Revenue

$5.08B

Previous: $4.67B+8.8%
EPS (adj)

$1.56

Previous: $1.26+23.8%
Free Cash Flow

$639M

Previous: $538M+18.8%
Net Income

$639M

Previous: $538M+18.8%
Operating Income

$942M

Previous: $806M+16.9%
Gross Profit

$1.92B

Previous: $1.76B+9.1%
Cash & Equivalents

$137M

Previous: $116M+18.1%
Total Assets

$29.8B

Previous: $28.8B+3.5%
Stock-Based Comp

$20M

Previous: $36M-44.4%

Revenue & EPS history

Waste Management · Revenue · Quarterly

$5.08B

Q3 2022+8.8%vs Q3 2021
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Forward guidance

No forward guidance was given in the provided text.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.1%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.5%

Avg return

30 days after

52%

38 / 73 earnings

Positive

+8.6%

Q2 2018

Best reaction

-11.3%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+0.2%-7.0%
Q4 2025-1.9%-2.8%+4.0%
Q3 2025-4.4%-6.5%+1.7%
Q2 2025+0.3%+1.7%-3.5%
Q1 2025-0.1%+2.1%+3.8%
Q4 2024+6.1%+6.0%+11.1%
Q3 2024+6.0%+3.5%+10.5%
Q2 2024-8.6%-8.3%-4.0%
Q1 2024+1.9%+1.6%+0.0%
Q4 2023+5.6%+6.7%+11.7%
Q3 2023+5.2%+3.5%+10.1%
Q2 2023-4.0%-5.2%-8.5%
Q1 2023-2.4%+0.7%-2.6%
Q4 2022-2.8%-1.9%-3.0%
Q3 2022-4.1%-4.0%-0.4%
Q2 2022+6.2%+5.4%+10.6%
Q1 2022+7.4%+5.4%+1.3%
Q4 2021-2.7%-2.7%+3.3%
Q3 2021-3.7%-0.6%+2.8%
Q2 2021-0.7%+1.1%+4.7%
Q1 2021+1.7%+3.0%+4.9%
Q4 2020-0.5%-2.0%+8.3%
Q3 2020+6.3%+10.5%+8.5%
Q2 2020-0.0%-0.8%+4.0%
Q1 2020+2.5%+1.5%+13.3%
Q4 2019+0.1%+0.5%-16.2%
Q3 2019-3.2%-4.8%-5.3%
Q2 2019+2.3%+1.9%+0.1%
Q1 2019-0.3%+1.2%+2.2%
Q4 2018+0.5%+0.5%+2.4%
Q3 2018-2.6%+1.8%+4.2%
Q2 2018+8.6%+9.1%+11.3%
Q1 2018-0.1%-1.7%-1.4%
Q4 2017+3.1%+2.7%+4.6%
Q3 2017+6.2%+6.0%+3.7%
Q2 2017-0.3%-0.6%+0.3%
Q1 2017-1.9%-1.6%-3.2%
Q4 2016+1.5%+2.1%+3.1%
Q3 2016+1.0%+4.7%+11.6%
Q2 2016-1.5%-1.3%-5.0%
Q1 2016+4.2%
Q4 2015+1.1%
Q3 2015+2.7%
Q2 2015+2.2%
Q1 2015-5.6%
Q4 2014+6.5%
Q3 2014+0.3%
Q2 2014+3.4%
Q1 2014+2.5%
Q4 2013-5.7%
Q3 2013-2.5%
Q2 2013+0.4%
Q1 2013+3.4%
Q4 2012+0.1%
Q3 2012+1.4%
Q2 2012+5.3%
Q1 2012-5.1%
Q4 2011-1.2%
Q3 2011-2.8%
Q2 2011-11.3%
Q1 2011+1.3%
Q4 2010+0.1%
Q3 2010-1.0%
Q2 2010+1.3%
Q1 2009-1.7%
Q1 2010+0.4%
Q4 2009+3.7%
Q3 2009-2.4%
Q3 2008-2.4%
Q2 2009-4.6%
Q4 2008-4.6%
Q4 2007-4.6%
Q2 2008-4.6%

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