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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Waste Management Revenues Improve 0 comments
    Feb 19, 2014 11:02 AM | about stocks: WM

    Originally published at www.seclive.com

    Waste Management, Inc. (NYSE:WM) announced its financial results for the fourth quarter and full 2014 fiscal year, posting revenues that improved from a year ago. Fourth quarter revenues of $3.50B beat the year-ago quarter's revenue of $3.43B as the company continues to grow and expand its operations; annual revenues were up similarly from $13.65B to $13.98B. The Houston-based company posted adjusted quarterly earnings of $263M and $0.56 per share, down slightly from the $267M and $0.57 per share a year ago. The quarterly results were weighed down in part to impairments related to goodwill as well as some post-collection assets and investments. President and CEO David Steiner commented that the company performed well during the year, with the business growing strongly and its margins seeing improvement.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: WM
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