Waste Management's (WM) net profit rose to $228M from $168M
Increases guidance for free net cash flow, saying it expects $1.4-1.5B vs prior guidance of above $1.3B.
However, Waste Management says that regarding other elements of its guidance, "it's difficult to predict underlying business trends in the first quarter due to winter seasonality." Still, "early April volumes indicate a normal seasonal upturn." Waste Management expects to "refine" its guidance after Q2.
Shares are -1.6%. (PR)
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