Waste Management Reports Q3 Revenue of $6.85 Billion, Affirms Guidance
Waste Management reported Q3 revenue of $6.85 billion, up 6.3% year over year and above FactSet consensus of $6.81 billion. Adjusted EPS was $2.15, below consensus of $2.18; adjusted operating EBITDA grew 5.8%. The company affirmed full-year 2026 guidance and expects revenue at the high end of its previously provided $26.275 billion to $26.475 billion range.
Waste Management, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $6.85 billion, a 6.3% increase year-over-year that surpassed the FactSet consensus estimate of $6.81 billion. The company posted adjusted earnings per share of $2.15, which was 1.4% below the analyst consensus of $2.18. CEO Jim Fish attributed the performance to consistent execution of the company's strategy, noting that adjusted operating EBITDA grew 5.8% due to strong price-to-cost spreads in collection and disposal and contributions from healthcare and sustainability businesses.
WM also affirmed its full-year 2026 guidance, stating that revenue is expected to reach the high end of its previously provided range of $26.275 billion to $26.475 billion.