WM

- Waste Management is set to report Q3 2026 results after the October 27 close, with analysts expecting US$6.8b in revenue and US$2.18 in earnings per share, supported by pricing, cost control and contributions from recycling, renewable energy and healthcare operations. - The strongest expected lift comes from renewable energy and recycling activities, where analysts project sizable net operating revenue gains. This would highlight how Waste Management's recent capital spending and automation are feeding into higher quality earnings rather than just higher volumes. - The focus now shifts to how Waste Management's expected Q3 earnings uplift from renewable energy strength could reshape the longer term investment narrative. Scan beyond Waste Management and line up other potential beneficiaries of the same recycling and energy themes by reviewing our hand picked 30 resilient stocks with low risk scores poised for resilient compounding. Owning Waste Management means believing that pricing power, automation and higher value recycling, renewable energy and healthcare services can keep doing more of the heavy lifting than basic trash volumes. The upcoming Q3 release tests whether cost control and mix shift are strong enough to offset softer collection volumes and modest pressure on net margins. The key near term swing factor is execution on recycling and renewable natural gas projects that are now beginning to scale, alongside integration of WM Healthcare Solutions. The main risk remains that fuel tax credits, volume softness or slower Stericycle synergies squeeze returns on the heavy capex and keep leverage less comfortable. The Q3 focus on renewable energy and recycling ties back directly to Waste Management's multi year push into renewable natural gas plants and automated sorting facilities. Analysts expect renewable energy and recycling operating revenue to grow strongly in the quarter, which is where the company has already directed about US$1.6b of spending and major upgrade effort. The Kennewick move to cart based recycling under a long dated contract shows how that investment can filter into local franchises, with higher quality material, better routing and more stickiness of municipal relationships. For investors, these types of agreements matter because they support pricing, landfill utilization and feedstock for RNG plants, even if near term earnings are driven mostly by the larger collection and disposal tiers. Waste Management's current analyst narrative points to revenues of US$30.1b and earnings of US$4.1b by 2029. These figures are based on forecasts that assume 5.5% yearly revenue growth and an earnings increase of about US$1.2b from US$2.9b today. Uncover why Waste Management's fair value indicates a 6% potential upside to its current price, which could close sooner than many investors expect. The Simply Wall St Community offers three fair value views for Waste Management, clustered between about US$247.01 and US$253.84. This is a tight band that still reflects different assumptions on revenue, earnings and execution risk. Weigh those retail perspectives against tax credit exposure, volume softness and healthcare integration outcomes, and explore how your expectations compare. Explore 2 other Waste Management fair value estimates, including one that suggests it could be worth just $247.01. Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. - A great starting point for your Waste Management research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision. - See our latest analysis for Waste Management. The report includes a comprehensive fundamental analysis summarized in a single visual, the Snowflake, making it easy to evaluate Waste Management's overall financial health at a glance. Once you have a view on Waste Management, it often helps to set it alongside a few carefully filtered peers so you can judge risk, quality and income potential on the same footing. - If capital preservation sits high on your list, start with a curated 30 resilient stocks with low risk scores that aims to combine steadier fundamentals with more controlled downside. - For investors hunting for mispriced opportunities, line up Waste Management against a 29 high quality undervalued stocks that may offer fundamentals that the market is not fully pricing in. - If reliable cash payouts matter most to you, compare Waste Management's yield profile with a focused 6 dividend fortresses built around income potential. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include WM. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

- Interested in Waste Connections, Inc.? Here are five stocks we like better. - Strong Q3 performance: Revenue rose 7.3% year over year to $2.638 billion, while adjusted EBITDA increased 7.9% to $895.8 million. Growth was driven by pricing, improving landfill volumes, acquisitions and commodity-related revenue. - 2026 outlook raised: Waste Connections now expects approximately $10.09 billion in revenue and $3.345 billion in adjusted EBITDA, with at least $1.4 billion in free cash flow for the year. - Capital returns and future growth: The company repurchased more than $1 billion of stock year to date, raised its dividend 10%, and reported an active acquisition pipeline. Management's initial 2027 framework calls for mid- to high-single-digit revenue growth and double-digit adjusted free-cash-flow-per-share growth. - Waste Management: Is it a good use of your time? Waste Connections (NYSE:WCN) reported third-quarter results that exceeded its expectations and raised its full-year 2026 outlook, citing pricing gains, improving landfill activity, acquisition contributions and commodity-related revenue growth. Third-quarter revenue rose 7.3% from a year earlier to $2.638 billion, including $53 million of contribution from acquisitions net of divestitures. Adjusted EBITDA increased 7.9% to $895.8 million, while adjusted EBITDA margin reached 34.0%, up 20 basis points year over year. → Aurora Rejects Curaleaf's Higher Bid, But the Takeover Fight Isn't Over - The 10 Top-Rated Stocks by Wall Street Analysts in August 2021 President and CEO Ron Mittelstaedt said the company delivered 50 basis points of underlying margin expansion despite higher diesel costs late in the quarter. Excluding an approximately 30-basis-point margin drag from fuel, CFO Mary Anne Whitney said adjusted EBITDA margin would have been 34.3%. Solid-waste organic growth was led by 5.5% core pricing, while fuel and material surcharges added 1.3%. Average yield was 4.3%, offset by a 1.2% decline in unit volumes. The volume decline improved by 70 basis points sequentially from the second quarter, driven primarily by more cyclical landfill volumes. → Could Quantinuum's Breakthrough Make Its Sell-Off a Bargain? Landfill tons increased 3% year over year, compared with effectively flat volumes in the prior quarter. Whitney said the third quarter was the first in two years in which municipal solid waste, construction-and-demolition debris and special waste all improved year over year. Special-waste volumes rose 7%, and construction-and-demolition volumes increased 5%. Special-waste activity was broad-based across the company's markets, with projects ranging from infrastructure and remediation to data center, chip plant and commercial construction activity. However, management noted that residential construction remains under pressure. Mittelstaedt said new housing starts had declined to 1.2 million and could move lower if current interest-rate conditions persist. → IonQ's Bold Expansion Could Leave Shareholders Paying the Price Other business lines also contributed to growth. E&P waste revenue increased 6% sequentially, with U.S. organic growth of about 5% year over year, led by activity in the Permian Basin. Recycling revenue rose roughly 12% from a year earlier, helped by higher old corrugated container values, although plastics remained weak. Landfill gas sales climbed 35%, reflecting new renewable natural gas facilities and higher values for renewable identification numbers. Waste Connections raised its full-year outlook to approximately $10.09 billion in revenue and adjusted EBITDA of about $3.345 billion, representing an adjusted EBITDA margin of 33.2%. The forecast calls for fourth-quarter revenue of approximately $2.52 billion and adjusted EBITDA margin of 33.3%. The company said its outlook assumes no change in underlying economic trends. Additional acquisitions, further commodity improvement and fuel-cost recovery could provide upside, while movements in diesel prices and the timing of surcharge recovery could affect results. Year-to-date adjusted free cash flow totaled $1.09 billion, and the company maintained its expectation for at least $1.4 billion for the full year. Whitney said free-cash-flow conversion was currently around 42%, with a longer-term objective of returning to a 48% to 50% range. She said renewable natural gas capital spending is substantially complete, with about $75 million of spending expected in 2026 that largely will not repeat next year. Management also expects spending related to the Chiquita landfill remediation to decline again in 2027, following a reduction in 2026. Mittelstaedt said remediation costs have declined as the reaction has cooled, reducing leachate volumes and related disposal costs. Year-to-date acquisitions represent $130 million in annualized revenue, including two West Coast solid-waste collection franchises acquired in the third quarter. Mittelstaedt said the acquisition pipeline remains active, with additional transactions expected to close later in 2026 or early in 2027. The company had more than $1 billion of liquidity and leverage of approximately 2.75 times debt to adjusted EBITDA. It also repurchased more than $1 billion of stock year to date, equal to 2.5% of shares outstanding, and increased its regular quarterly cash dividend by 10%. The dividend increase marked the company's 16th consecutive double-digit annual increase since it initiated the dividend in 2010. Mittelstaedt said the company remains disciplined on acquisitions and does not view the recent pace of share repurchases as a substitute for M&A. He said a normalized acquisition contribution to growth could be in the range of 1% to 2%, while emphasizing that transaction timing is driven by sellers and market opportunities. While Waste Connections will not issue formal 2027 guidance until February, management said it expects to be positioned for mid- to high-single-digit revenue growth, assuming current economic conditions do not materially change. The framework includes approximately 1% of combined rollover growth from acquisitions completed and RNG facilities placed into service during 2026, as well as pricing-led organic growth, surcharges, commodity-related revenue and future acquisitions. The company expects adjusted EBITDA margin expansion in a normalized range from its solid-waste operations, with higher fuel costs expected to be largely offset by commodity-related tailwinds if current levels persist. Management also expects double-digit adjusted free-cash-flow-per-share growth, aided by declining Chiquita spending and the substantial completion of RNG capital expenditures. On technology, Mittelstaedt said no incremental margin benefit from newer AI-driven operational initiatives is included in the preliminary 2027 framework. He said the company expects initial margin impacts to emerge in 2028, with fuller benefits potentially realized in 2029. Waste Connections, Inc is a North American provider of solid waste collection, transfer, disposal and recycling services. The company serves residential, commercial, industrial and construction customers, offering scheduled and on-demand collection as well as waste management solutions tailored to municipalities and businesses. Its operations include local collection fleets, transfer stations, recycling and resource-recovery facilities, and landfills. Waste Connections also provides non-hazardous oilfield waste services, including the collection, transportation, treatment and disposal of waste generated by energy-production activities. Founded in 1997, Waste Connections has grown through a combination of internal development and acquisitions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Waste Connections Q3 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for October 2026.

- Interested in Rollins, Inc.? Here are five stocks we like better. - Residential customer acquisition weakened: Rollins reported 6.2% third-quarter revenue growth, but organic growth was only 4.4% as changing online and AI-driven search behavior reduced residential lead flow. The company said retention and recurring customer demand remain healthy. - Margins and earnings declined: Gross margin fell 90 basis points due mainly to higher insurance, claims and fleet costs. Adjusted EBITDA declined 0.7% and adjusted net income fell 2.9% year over year. - Full-year outlook was reduced: Rollins now expects 2026 organic revenue growth of 4%–6%, below its prior outlook centered on 6%, while investing in traditional and AI-search visibility, pricing transparency and higher-return marketing channels. - Waste Management: Is it a good use of your time? Rollins (NYSE:ROL) reported third-quarter revenue growth that fell short of management's expectations as changes in online search behavior continued to pressure residential customer acquisition. The pest-control company lowered its full-year organic-growth outlook and said it is adapting its digital marketing strategy to a customer-discovery environment increasingly shaped by artificial intelligence and large language models. President and Chief Executive Officer Jerry Gahlhoff said AI-driven search is changing how consumers find pest-control providers. Rather than producing relatively consistent results through traditional search engines, LLM platforms can recommend different providers based on the platform, market and even the date of a search, he said. → Aurora Rejects Curaleaf's Higher Bid, But the Takeover Fight Isn't Over - Rollins Pest Control Needs to be in Your Watchlist "The result is a more fragmented, variable, and dynamic customer discovery environment," Gahlhoff said. He added that Rollins has not yet reached stabilization in customer acquisition, although the company saw some early signs of progress late in the quarter. Total third-quarter revenue increased 6.2%, including 4.4% organic growth, according to Executive Vice President and Chief Financial Officer Will Harkins. Residential revenue rose 4.9%, commercial pest-control revenue increased 7.7%, and termite and ancillary revenue grew 6.5%. → Could Quantinuum's Breakthrough Make Its Sell-Off a Bargain? Organic growth was 2.3% in residential, 6.6% in commercial and 5.3% in termite and ancillary services. Management attributed the weaker residential performance primarily to lower digital lead flow. Termite and ancillary results also were affected by fewer new residential customers entering the cross-selling pipeline, as well as staffing and capacity constraints in certain markets. Gahlhoff said the company's recurring residential customer base remained healthy, with customer counts continuing to grow and retention remaining strong. He characterized the issue as one of customer discovery and acquisition rather than weakening underlying demand for pest-control services. → IonQ's Bold Expansion Could Leave Shareholders Paying the Price Brands that rely more heavily on relationship-driven channels, including direct sales, door-to-door marketing and home-builder partnerships, outperformed the broader company, according to Gahlhoff. He cited HomeTeam and Fox as examples, saying their door-to-door sales forces helped produce growth well above the overall company level. Fox delivered double-digit growth, he said during the question-and-answer session. Commercial softness was concentrated in non-Orkin brands and reflected timing of certain one-time fumigation work, management said. Orkin's commercial business, meanwhile, grew more than 8%, according to Gahlhoff. Third-quarter gross margin was 53.5%, down 90 basis points from a year earlier. Higher insurance and claims costs accounted for 100 basis points of deleverage, while fleet costs contributed another 40 basis points of pressure, Harkins said. Fuel-related costs and lower gains on vehicle sales also affected results. Employee expenses improved by 30 basis points as Rollins aligned staffing with business volumes following lower second-quarter volumes. Materials and supplies provided an additional 10 basis points of leverage. GAAP operating income was $223 million, down 1% from the prior-year quarter. Adjusted operating income declined 0.6% to $231 million, while adjusted EBITDA decreased 0.7% to $257 million. Adjusted EBITDA margin was 23.5%. GAAP net income totaled $158 million, or $0.33 per share. Adjusted net income was $163 million, or $0.34 per share, down 2.9% year over year. The company recorded approximately $7.3 million in pre-tax acquisition-related and other non-GAAP adjustments during the quarter. Harkins said Rollins expects to remain positive on price versus cost for the year. The company continues to view itself as a CPI-plus pricing business, generally expecting pricing in the 2%-3% or 3%-4% range across its portfolio, though that pricing is weighted more toward commercial operations than residential services. Rollins now expects 2026 organic revenue growth of 4% to 6%, with incremental margins ranging from slightly positive to 10%. The company previously provided an outlook centered on 6% organic growth. Harkins said the midpoint of the revised range assumes lead volumes remain below prior-year levels but stabilize at third-quarter levels. The low end assumes additional deterioration in lead trends, while the high end assumes meaningful improvement. The company noted that November and December are seasonally lower-volume months for the short-cycle residential business and can be more sensitive to demand shifts and weather disruptions. The company maintained its expectation for 2% to 3% growth from acquisitions and free-cash-flow conversion above 100% for the year. Management said it would not provide 2027 commentary until releasing fourth-quarter and full-year results. Rollins generated $242 million in operating cash flow and $235 million in free cash flow during the quarter. Results included a $63 million tax refund related to the company's tax-credit planning strategy. Excluding that benefit, free-cash-flow conversion would have been 109%, Harkins said. During the quarter, the company completed seven acquisitions totaling $27 million, paid $87 million in dividends and repurchased $120 million of shares. Rollins also announced a 10% increase in its quarterly cash dividend, which Harkins said has doubled since the beginning of 2022. Its leverage ratio stood at 1x at quarter-end. Management outlined three priorities for improving residential customer acquisition: strengthening visibility in traditional and AI-driven search, making it easier for customers to understand service differences and choose Rollins brands, and continually testing marketing tactics while reallocating spending toward the highest-return channels. Gahlhoff said the company is expanding locally relevant content, enhancing local business listings and reviews, improving pricing transparency, and emphasizing attributes including same-day and next-day availability. Rollins has also begun using paid advertising opportunities on AI search platforms, including ChatGPT and Google Gemini. He said one quick adjustment involved adding greater pricing transparency to Orkin's digital content. Previously, potential customers were generally encouraged to engage through web leads or the call center for pricing discussions. Providing price ranges improved how the brand appeared in LLM-generated results, he said. Management emphasized that the strategy is not simply to spend more on marketing. Harkins said the company intends to direct investment toward channels and tactics that produce qualified leads and stronger returns. Gahlhoff added that Rollins is balancing marketing investment with efforts to align costs to current demand and protect profitability. Despite the near-term disruption, management reiterated its belief that the company can eventually return to the 7%-8% organic-growth framework and achieve 30%-35% incremental margins over time. Gahlhoff said reaching that growth profile will require healthy performance across residential, commercial, and termite and ancillary operations. Rollins, Inc is a provider of pest and termite control services for residential and commercial customers. The company offers protection against common pests such as ants, cockroaches, rodents, termites, mosquitoes and bedbugs, along with wildlife control and other specialty services. Rollins serves customers through a portfolio of regional and international brands, including Orkin, the company's best-known pest control business; HomeTeam Pest Defense; Western Pest Services; Critter Control; and other local and specialized operations. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "What Rollins (ROL) Said on Its Q3 Earnings Call" was originally published by MarketBeat. View MarketBeat's top stocks for October 2026.

The upcoming report from Waste Management (WM) is expected to reveal quarterly earnings of $2.18 per share, indicating an increase of 10.1% compared to the year-ago period. Analysts forecast revenues of $6.8 billion, representing an increase of 5.6% year over year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight. With that in mind, let's delve into the average projections of some Waste Management metrics that are commonly tracked and projected by analysts on Wall Street. The consensus among analysts is that 'Net Operating revenues- Renewable Energy' will reach $160.30 million. The estimate indicates a change of +39.4% from the prior-year quarter. Based on the collective assessment of analysts, 'Net Operating revenues- Recycling Processing and Sales' should arrive at $432.20 million. The estimate points to a change of +16.2% from the year-ago quarter. The average prediction of analysts places 'Net Operating revenues- Healthcare Solutions' at $640.52 million. The estimate indicates a change of +2% from the prior-year quarter. It is projected by analysts that the 'Internal Revenue Growth - Period-to-Period Change - Total - As a % of Total Company' will reach 5.6%. The estimate compares to the year-ago value of 14.9%. Analysts predict that the 'Internal Revenue Growth - Period-to-Period Change - Acquisitions - As a % of Total Company' will reach 0.2%. Compared to the current estimate, the company reported 11.9% in the same quarter of the previous year. Analysts forecast 'Internal Revenue Growth - Period-to-Period Change - Internal revenue growth - As a % of Total Company' to reach 5.2%. Compared to the present estimate, the company reported 3.0% in the same quarter last year. View all Key Company Metrics for Waste Management here>>> Shares of Waste Management have demonstrated returns of +10.4% over the past month compared to the Zacks S&P 500 composite's no change. With a Zacks Rank #3 (Hold), WM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Waste Management, Inc. (WM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

WM WM is scheduled to release third-quarter 2026 results on Oct. 27, after market close. WM beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with an average earnings surprise of 0.6%. Waste Management, Inc. price-eps-surprise | Waste Management, Inc. Quote The Zacks Consensus Estimate for revenues is pinned at $6.8 billion, hinting at a 5.6% gain from the year-ago quarter's actual. The consensus estimate for total collection and disposal segment revenues is set at $5.5 billion. It indicates a 4% increase from the year-ago quarter's actual. This segment is anticipated to contribute slightly below 82% to the top line in the third quarter of 2026. Growth across this segment is likely to have been driven by solid pricing execution, higher energy surcharge revenues, escalating industrial waste volumes and strategic buyouts. For the recycling processing and sales segment, the consensus estimate for revenues is $432.2 million, indicating a 16.2% year-over-year increase. This segment is expected to account for 6.4% of revenues. Factors anticipated to have fueled this segment's growth engine are strong performance at newly commissioned recycling facilities and higher productivity at existing automated plants. Solid demand under Canada's extended producer responsibility programs, supporting volumes and profitability strengthened by automation-backed efficiency gains, are other factors likely to have contributed to this segment's growth. The Zacks Consensus Estimate for the WM renewable energy segment's revenues is $160.3 million, hinting at a 39.4% year-over-year jump. The WM renewable energy segment is anticipated to deliver 2.4% of the top line. Continued production ramp-ups at newly commissioned facilities, coupled with high plant uptime and improving landfill gas volumes, are factors expected to have supported this segment to register lofty growth. The consensus estimate for the WM healthcare solutions revenues suggests 2% year-over-year growth to $640.5 million, contributing 9.5% to revenues. Cross-selling initiatives and account wins are anticipated to have driven this segment's growth. The Zacks Consensus Estimate for the corporate and other segment, which contributes to a small fraction of the top line, is pinned at $7 million, suggesting no change from the year-ago quarter's reported figure. The consensus estimate for earnings per share is set to increase 10.1% year over year to $2.18. The bottom line is expected to have improved on the back of a favorable price-to-cost spread facilitated by strong core pricing and prudent cost management. Continued investment in automation is likely to have curbed operating expenses, expanding margins. Our proven model does not conclusively predict an earnings beat for WM this time around. The combination of a positive Earnings ESPand a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. WM currently has an Earnings ESP of -0.35% and a Zacks Rank #3. Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season. Visa V: The Zacks Consensus Estimate for the company's fourth-quarter 2026 revenues is pinned at $12.1 billion, indicating 12.7% year-over-year growth. For earnings, the consensus estimate is pegged at $3.43 per share, implying a 15.1% jump from the year-ago quarter's actual. The company beat the consensus estimate in all four quarters, with an average surprise of 2.8%. V has an Earnings ESP of +0.66% and a Zacks Rank of 2 at present. You can see the complete list of today's Zacks #1 Rank stocks here. The company is scheduled to declare fourth-quarter 2026 results on Oct. 27. NIQ Global Intelligence plc NIQ: The Zacks Consensus Estimate for the company's third-quarter 2026 revenues is $1.1 billion, suggesting a 5.7% year-over-year rise. For earnings, the consensus estimate is kept at 24 cents, suggesting a whopping gain of 700% from the year-ago quarter's actual. The company beat the consensus estimate in two of four quarters and missed twice, with an average surprise of 1.9%. NIQ has an Earnings ESP of +5.93% and a Zacks Rank of 2 at present. The company is scheduled to declare third-quarter 2026 results on Nov. 12. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Waste Management, Inc. (WM) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report NIQ Global Intelligence plc (NIQ) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Clean Harbors (CLH) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 28. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This environmental services company is expected to post quarterly earnings of $3.18 per share in its upcoming report, which represents a year-over-year change of +43.9%. Revenues are expected to be $1.72 billion, up 11.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 10.33% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Clean Harbors, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.66%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination makes it difficult to conclusively predict that Clean Harbors will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Clean Harbors would post earnings of $2.74 per share when it actually produced earnings of $3.22, delivering a surprise of +17.52%. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Clean Harbors doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Waste Removal Services industry, Waste Management (WM), is soon expected to post earnings of $2.18 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +10.1%. Revenues for the quarter are expected to be $6.8 billion, up 5.6% from the year-ago quarter. The consensus EPS estimate for Waste Management has been revised 0.2% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.35%. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Waste Management will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Clean Harbors, Inc. (CLH) : Free Stock Analysis Report Waste Management, Inc. (WM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Since April 2026, Waste Management has been in a holding pattern, floating around $225.23. The stock also fell short of the S&P 500's 7.7% gain during that period. Given the weaker price action, is now a good time to buy WM? Or should investors expect a bumpy road ahead? Find out in our full research report, it's free. Headquartered in Houston, Waste Management (NYSE:WM) is a provider of comprehensive waste management services in North America. A company's long-term sales performance can indicate its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Thankfully, Waste Management's 9.2% annualized revenue growth over the last five years was solid. Its growth surpassed the average industrials company and shows its offerings resonate with customers. Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. Waste Management's operating margin has more or less stayed the same over the last 12 months , averaging 17.5% over the last five years. This profitability was elite for an industrials business thanks to its efficient cost structure and economies of scale. This is seen in its fast historical revenue growth and healthy gross margin, which is why we look at all three data points together. Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect Waste Management's revenue to rise by 5.9%, a deceleration versus its 9.2% annualized growth for the past five years. This projection doesn't excite us and implies its products and services will see some demand headwinds. At least the company is tracking well in other measures of financial health. Waste Management's positive characteristics outweigh the negatives. With its shares underperforming the market lately, the stock trades at 26.6× forward P/E (or $225.23 per share). Is now a good time to buy? See for yourself in our in-depth research report, it's free. ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meet near-term momentum — both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week's Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+271% between June 2020 and June 2025). Find your next big winner with StockStory today.

Waste Management (WM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 27, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This garbage and recycling hauler is expected to post quarterly earnings of $2.18 per share in its upcoming report, which represents a year-over-year change of +10.1%. Revenues are expected to be $6.8 billion, up 5.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.23% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Waste Management, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.35%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Waste Management will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Waste Management would post earnings of $1.99 per share when it actually produced earnings of $2.02, delivering a surprise of +1.51%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Waste Management doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Waste Management, Inc. (WM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Waste Management (WM) is back in focus after a 1.85% gain on a weak market day, as investors position ahead of the October 27 earnings release and fresh guidance on profit and revenue trends. That 1.85% one day share price gain sits against a mixed recent run, with the 7 day share price return of 3.26% partly offset by a 90 day share price decline of 10.94% as investors reassess Waste Management ahead of earnings. At the same time, the 1 year total shareholder return of 2.65% and 3 year total shareholder return of 42.01% show that, over longer periods, patient holders have still seen positive compounding, even as short term sentiment now turns more cautious and earnings focused. Scan how Waste Management stacks up against other resilient, cash generative operators by running through the hand picked list of solid balance sheet and fundamentals (25 results). The recent jump in Waste Management looks like a tug of war between faith in a steady cash engine and traders reacting to pre earnings buzz. Which side does the current valuation actually support? On valuation, the SWS DCF model points to a fair value of $244.15 for Waste Management compared with the last close of $215.75. This implies the shares trade at an 11.6% discount to that cash flow based estimate, even as the P/E multiple sits at a rich level against the wider Commercial Services sector. A P/E ratio measures how much investors are paying today for each dollar of current earnings. For a mature, cash generative operator like Waste Management, that matters because earnings are a key anchor for both dividend capacity and capital allocation decisions. Here is the tension. Waste Management screens as good value on one lens because its current P/E of 30.2x is slightly below the peer average of 30.8x. At the same time, that 30.2x is materially higher than both the Commercial Services industry average of 18.7x and the modelled fair P/E of 26.6x that SWS estimates the market could move toward if sentiment normalised. Against that backdrop, the SWS DCF model suggests a fair value of $244.15 per share, which is above the present $215.75 price even though the P/E looks stretched versus the industry. The implication for readers is that the market is attaching a premium earnings multiple to Waste Management relative to sector peers, yet the internal cash flow profile still supports a DCF value above where the stock currently trades. Explore the SWS fair ratio for Waste Management. Result: Price-to-earnings of 30.2x (ABOUT RIGHT) Still, any disappointment around Waste Management's upcoming earnings or a shift in regulatory or environmental policy could quickly challenge that premium P/E story. Find out about the key risks to this Waste Management narrative. Looking beyond the rich P/E, the SWS DCF model presents a different perspective. It estimates Waste Management's value at $244.15 per share, while the stock trades at $215.75. That 11.6% gap indicates a difference between price and the cash flow-based valuation. Which signal do you use as the primary reference point? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Waste Management for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 32 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. If the mixed tone around Waste Management leaves you undecided, act promptly. Review the key figures and compare the 1 risks and 1 rewards side by side with 4 key rewards and 1 important warning sign If Waste Management has sharpened your focus on quality, do not stop there. Broader idea sourcing can help you spread risk and sharpen your watchlist. - Hunt for potential mispricings by scanning companies flagged as 32 high quality undervalued stocks that align with your own view of balance sheet strength and earnings quality. - Build a steadier income stream by reviewing the 7 dividend fortresses that currently combine higher yields with supporting fundamentals. - Dial down portfolio stress by searching through 32 resilient stocks with low risk scores that rank well on resilience and financial robustness. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include WM. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

- Waste Management has been drawing attention recently as investors look ahead to its October 27, 2026 earnings release, where analysts expect year-over-year growth in both earnings per share and revenue amid a mixed 'Hold' rating backdrop. - Alongside this earnings focus, the company is testing a Renewable Natural Gas facility and has introduced a 24/7 landfill complaint line, underscoring how operational and community initiatives are increasingly tied to its business outlook. - With recent returns positive, we'll examine how anticipation around the upcoming earnings report shapes Waste Management's investment narrative. Explore 25 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. To own Waste Management, you really need to believe in the staying power of its cash generation and dividend, even as growth expectations are relatively modest and the balance sheet carries plenty of debt. The recent share gain ahead of the October 27 earnings release, paired with forecasts for higher EPS and revenue, keeps the near term story centered on whether management can still meet its full year guidance after earlier trimming the outlook. The Twin Creeks RNG project and 24/7 complaint line fit into the broader push to tie sustainability and community relations more closely to future earnings potential, but they are unlikely to move the needle immediately compared with pricing, volume trends and capital allocation. Short term, those operational headlines look more reputational than financial, while valuation and leverage remain the bigger swing factors. However, investors should not overlook how WM's high debt and premium valuation could amplify any earnings disappointment.Waste Management's shares have been on the rise but are still potentially undervalued by 12%. Find out what it's worth. Three Simply Wall St Community fair value estimates cluster between US$244.15 and US$253.84, suggesting tightly grouped, but differing, views on upside. Set against the mixed near term earnings sentiment and WM's premium earnings multiple, these community perspectives highlight how strongly opinions can diverge, and why it can help to weigh several viewpoints before deciding how WM might fit into your portfolio. Explore 3 other fair value estimates on Waste Management - why the stock might be worth just $244.15! Disagree with this assessment? Extraordinary investment returns rarely come from following the herd, so go with your instincts. - A great starting point for your Waste Management research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision. - Our free Waste Management research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Waste Management's overall financial health at a glance. The market won't wait. These fast-moving stocks are hot now. Grab the list before they run: - Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 32 best rare earth metal stocks of the very few that mine this essential strategic resource. - Find 32 companies with promising cash flow potential yet trading below their fair value. - Invest in the nuclear renaissance through our list of 16 elite nuclear energy infrastructure plays powering the global AI revolution. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include WM. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Waste Management, Inc. (WM), valued at a market cap of $83.1 billion, provides environmental solutions to residential, commercial, industrial, and municipal customers. The Houston-based environmental services giant, which provides everything from waste collection and recycling to resource recovery and waste-to-energy solutions, WM is heading into its third-quarter earnings report after the market closes on Tuesday, Oct. 27. - A $40 Billion Reason Why SPCX Stock Is Down Today - Why This Wall Street Analyst Just Issued a Bold Prediction for Nebius Stock - Why Investors Are Celebrating Qualcomm Striking a Licensing Deal with Huawei — Which Is Still on the Entity List - Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Ahead of the event, analysts expect WM to report a profit of $2.18 per share on a diluted basis, up 10.1% from $1.98 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. For the current year, analysts expect WM to report EPS of $8.13, up 8.4% from $7.50 in fiscal 2025. Its EPS is expected to rise 11.3% year over year to $9.05 in fiscal 2027. WM has struggled to keep pace with the broader market over the past year. Its Shares have declined 4% over the past 52 weeks, a notable contrast to the 16.2% gain for the S&P 500 Index ($SPX) and the State Street Industrial Select Sector SPDR ETF's (XLI) 8.8% gains over the same time frame. WM's stock has faced a tougher road over the past year, with sluggish waste volumes, softer recycling prices, and rising operating expenses weighing on investor sentiment. Although the company's earnings remain on a solid growth trajectory, these headwinds have made it harder for WM to match the broader market's stronger gains. Analysts' consensus opinion on WM stock is reasonably bullish, with an overall "Moderate Buy" rating. Of 28 analysts covering the stock, 18 rate it a "Strong Buy," one suggests a "Moderate Buy," and nine give a "Hold." WM's average analyst price target is $259.65, indicating a potential upside of 24.3% from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

HOUSTON, September 24, 2026--(BUSINESS WIRE)--WM (NYSE: WM) announced that it will release third quarter financial results after the close of the market on Tuesday, October 27, 2026 and host its investor conference call Wednesday, October 28, 2026 at 10 a.m. ET. The live audio webcast of the earnings call will be accessible to the public by visiting investors.wm.com and selecting "Events & Presentations" from the website menu. A replay of the audio webcast will be available at the same location following the conclusion of the call. Participants who will be dialing in for the earnings call must register to obtain their dial in and passcode details. Participants may pre-register at any time, including up to and after the call start time. The Company participates in investor presentations and conferences throughout the year. Interested parties can find a schedule of these conferences at investors.wm.com by selecting "Events & Presentations." ABOUT WM WM (WM.com) is North America's leading provider of comprehensive environmental solutions. Previously known as Waste Management and based in Houston, Texas, WM is driven by commitments to put people first and achieve success with integrity. WM, through its subsidiaries, provides collection, recycling and disposal services to millions of residential, commercial, industrial, medical and municipal customers throughout the U.S. and Canada. With innovative infrastructure and capabilities in recycling, organics and renewable energy, WM provides environmental solutions to and collaborates with its customers in helping them pursue their sustainability goals. In North America, WM has the largest disposal network and collection fleet, is the largest recycler and is a leader in beneficial use of landfill gas, with a growing network of renewable natural gas plants and the most landfill gas-to-electricity plants, as well as the largest heavy-duty natural gas truck fleet in the industry. WM, through its subsidiaries, also provides collection and disposal services of regulated medical waste and secure information destruction services in the U.S., Canada and Western Europe. To learn more about WM and the company's sustainability progress and solutions, visit Sustainability.WM.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260924859097/en/ Contacts FOR MORE INFORMATION WM Website www.wm.com Analysts Ed Egl 713.265.1656 [email protected] Media Toni Werner [email protected]