Investing.com - Waste Management (NYSE:WM) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Waste Management announced earnings per share of $1.44 on revenue of $5.03B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $4.84B.
Waste Management shares are down 7.12% from the beginning of the year, still down 8.91% from its 52 week high of $170.17 set on April 28. They are outperforming the S&P 500 which is down 17.73% from the start of the year.
Waste Management follows other major Industrials sector earnings this month
Waste Management's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on July 21 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
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