WM reports Q1 adjusted EPS $1.67, consensus $1.59

Reports Q1 revenue $6.02B, consensus $6.1B. “Our Q1 results reflect the strong track record of the WM (WM) team as we started the year delivering on each of our strategic priorities,” said CEO Jim Fish. “We continue to deliver disciplined revenue growth and cost optimization in our core business, while advancing our sustainability growth investments and driving value from the Stericycle acquisition. This led to first quarter revenue growth of 16.7% and adjusted operating EBITDA growth of 12.2% compared to the prior year period. These solid Q1 results, as well as the strength and resiliency of our business model, give us confidence we are on pace to achieve our 2025 outlook. Our new medical waste and secure information destruction businesses, together referred to as WM Healthcare Solutions, performed well in the first full quarter as part of WM. Integration efforts are advancing and keeping us on track to achieve our full year synergy targets.”