WM reports Q1 adjusted EPS $1.81, consensus $1.74

Reports Q1 reevenue $6.227B, consensus $6.29B. “Strong earnings and cash flow results in the quarter achieved our expectations, reflecting the strength of the WM (WM) team and the resilience of our business model,” said Jim Fish, WM’s CEO. “Disciplined pricing, cost optimization and contributions from sustainability growth projects led to first quarter adjusted operating EBITDA growth of 5.9% and margin expansion of 70 basis points despite a challenging quarter of weather impacts.(a) The momentum in our business, combined with our confidence in our ability to execute on our plan for the balance of the year, sets us up to achieve the full-year financial outlook we provided last quarter.”