NYSE:WM

WM Announces First Quarter 2024 Earnings

Retrieved on: 
Wednesday, April 24, 2024
Recycling, Utilities, Environment, Transport, Sustainability, Energy, Other Transport, Investment, ITC, Conference call, Depreciation, Conference, Inflation, Collection, Waste management, Bank statement, British thermal unit, GAAP

Our outstanding performance in the first quarter sets us up for another year of robust financial growth.”

Key Points: 
  • Our outstanding performance in the first quarter sets us up for another year of robust financial growth.”
    The information labeled as adjusted in this press release, as well as free cash flow, are non-GAAP measures.
  • The first quarter benefit is based on the Company’s projected full year ITC benefit of about $145 million, which is derived from its projected completion of five new renewable natural gas facilities by the end of 2024.
  • The amount of the projected ITC benefit for 2024 is based on a number of estimates and assumptions, including the timing of project completion and interpretation of the Inflation Reduction Act.
  • ET on April 25, 2024 to discuss the first quarter 2024 results.

WM CELEBRATES EARTH DAY AT NEW YORK STOCK EXCHANGE CLOSING BELL, ANNOUNCES MAJOR LEAGUE BASEBALL SUSTAINABILITY PARTNERSHIP

Retrieved on: 
Monday, April 22, 2024
Environment, Investment, Recycling, Club, WM, MLB, Growth, Earth Day, Warehouse

HOUSTON, April 22, 2024 /PRNewswire/ -- WM (NYSE: WM) today announced members of its senior leadership team will ring The Closing Bell® at the New York Stock Exchange at 4 p.m. ET on Monday, April 22, for Earth Day. WM is continuing to execute its planned sustainability investments in recycling and renewable energy and was just named the Official Sustainability Partner of Major League Baseball.  

Key Points: 
  • HOUSTON, April 22, 2024 /PRNewswire/ -- WM (NYSE: WM) today announced members of its senior leadership team will ring The Closing Bell® at the New York Stock Exchange at 4 p.m.
  • WM is continuing to execute its planned sustainability investments in recycling and renewable energy and was just named the Official Sustainability Partner of Major League Baseball.
  • WM is the largest recycler with one of the largest landfill-gas-to-energy platforms in North America.
  • "Sustainability is at the center of everything we do at WM," said Jim Fish, president and CEO, WM.

WM Sets Date for First Quarter Earnings Release Conference Call

Retrieved on: 
Wednesday, March 20, 2024
Utilities, Environment, Energy, Other Transport, Recycling, Trucking, Green Technology, Transport, Interest

WM (NYSE: WM) announced that it will release first quarter financial results after the close of the market on Wednesday, April 24, 2024 and host its investor conference call Thursday, April 25 at 10 a.m.

Key Points: 
  • WM (NYSE: WM) announced that it will release first quarter financial results after the close of the market on Wednesday, April 24, 2024 and host its investor conference call Thursday, April 25 at 10 a.m.
  • Listeners can access a live audio webcast of the conference call 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 conference call should register to obtain their dial in and passcode details.

WM Elects Tom Bené to Board of Directors

Retrieved on: 
Friday, March 1, 2024
Utilities, Recycling, Energy, Other Construction & Property, Food, Beverage, Construction & Property, Environment, Other Transport, Retail, Trucking, Urban Planning, Transport, Logistics, Supply Chain Management, University, Sysco, Growth, Compensated emancipation, Business administration, Management development, PepsiCo, Management

WM (NYSE: WM) announced today its board of directors has elected Tom Bené, president and CEO, Breakthru Beverage Group, LLC, as an additional, independent member of its board of directors, effective today.

Key Points: 
  • WM (NYSE: WM) announced today its board of directors has elected Tom Bené, president and CEO, Breakthru Beverage Group, LLC, as an additional, independent member of its board of directors, effective today.
  • “We’re delighted to announce the election of Tom to the board after a comprehensive search,” said Kathy Mazzarella, chairman, WM.
  • “We're very pleased to welcome Tom to our board,” said Jim Fish, president and CEO, WM.
  • His election expands the Board of Directors of WM to 10 members, nine of whom are independent directors.

WM Announces Cash Dividend

Retrieved on: 
Friday, March 1, 2024
Other Transport, Environment, Trucking, Transport, Environmental Health, Utilities, Green Technology, Energy, Recycling

WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.75 per share payable March 28, 2024, to stockholders of record on March 15, 2024.

Key Points: 

WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.75 per share payable March 28, 2024, to stockholders of record on March 15, 2024.

ETHISPHERE NAMES WM AS ONE OF THE 2024 WORLD'S MOST ETHICAL COMPANIES® FOR THE 15TH TIME

Retrieved on: 
Wednesday, March 6, 2024
Ethics, Culture, ESG, Commitment, Business, Organization, Ecosystem

HOUSTON , March 6, 2024 /PRNewswire/ -- For the 15th time, WM (NYSE:WM), North America's leading provider of comprehensive environmental solutions, today announced its 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Key Points: 
  • In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.
  • "We are proud to receive this recognition for the 15th time, showing the dedication of the people at WM to achieve success through operating with integrity," said Jim Fish, president and CEO, WM.
  • The listed 2024 World's Most Ethical Companies® Honorees outperformed a comparable index of global companies by 12.3 percentage points from January 2019 through January 2024.
  • To view the full list of this year's honorees, please visit the World's Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees .

WM Announces Fourth Quarter and Full-Year 2023 Earnings

Retrieved on: 
Monday, February 12, 2024
Other Transport, Energy, Environment, Transport, Utilities, Conference call, Collection, WM, Investment, Share repurchase, Natural gas, British thermal unit, Growth, Municipal solid waste, Lynch, Recycling, Conference, Waste management, GAAP, Depreciation, Automation, Public expenditure, Bank statement, Renewable energy

“During the fourth quarter, our collection and disposal business performance powered our total Company adjusted operating EBITDA growth of 15% and record adjusted margin of 29.9%.

Key Points: 
  • “During the fourth quarter, our collection and disposal business performance powered our total Company adjusted operating EBITDA growth of 15% and record adjusted margin of 29.9%.
  • SG&A expenses were 9.8% of revenue compared to 9.9%, or 9.8% on an adjusted basis, in the fourth quarter of 2022.
  • (a)
    Operating EBITDA in the Collection and Disposal business grew $250 million, or $205 million on an adjusted basis, to $1.77 billion.
  • ET on February 13, 2024 to discuss the fourth quarter and full-year 2023 results.

WM Sets Date for Fourth Quarter and Full-Year Earnings Release Conference Call

Retrieved on: 
Tuesday, January 9, 2024
Oil, Gas, Sustainability, Environment, Energy, Recycling, Trucking, Green Technology, Transport, Interest

WM (NYSE: WM) announced that it will release fourth quarter and full-year 2023 financial results after the close of the market on Monday, Feb. 12, 2023 and host its investor conference call Tuesday, Feb. 13 at 10 a.m.

Key Points: 
  • WM (NYSE: WM) announced that it will release fourth quarter and full-year 2023 financial results after the close of the market on Monday, Feb. 12, 2023 and host its investor conference call Tuesday, Feb. 13 at 10 a.m.
  • Listeners can access a live audio webcast of the conference call 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 conference call should register to obtain their dial in and passcode details.

WM Announces Plan to Increase its Dividend Rate and a Refreshed $1.5 Billion Share Repurchase Authorization

Retrieved on: 
Monday, December 11, 2023
Professional Services, Trucking, Environmental, Social and Governance (ESG), Other Energy, Transport, Recycling, Green Technology, Oil, Gas, Environment, Energy, Sustainability, Attention, Disclosure, Acquisition, Safety, NYSE, Workforce, Annual report, Investment, Risk, Privacy, Weather, Weakness, Automation, Growth, Failure, Overalls, Recession, WM

WM (NYSE: WM) today announced that its Board of Directors has approved a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share.

Key Points: 
  • WM (NYSE: WM) today announced that its Board of Directors has approved a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share.
  • The annual dividend rate increase from $2.80 to $3.00 per share marks the twenty-first consecutive year of dividend rate increases.
  • The Company also received authorization from its Board of Directors to repurchase up to $1.5 billion of the Company’s common stock, superseding the authority remaining under the prior $1.5 billion authorization announced in 2022.
  • “The strong and consistent cash flow generation of our business allows WM to continue to fund all our capital allocation priorities.

WM Announces Cash Dividend

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Trucking, Environmental, Social and Governance (ESG), Other Energy, Transport, Recycling, Green Technology, Oil, Gas, Environment, Energy, Sustainability, NYSE, Holding company, Warehouse

WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.70 per share payable Dec. 15, 2023, to stockholders of record on Dec. 1, 2023.

Key Points: 

WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.70 per share payable Dec. 15, 2023, to stockholders of record on Dec. 1, 2023.