Waste Management (WM) Gains 6.3% in Past 3 Months: Here's How

WM IT ICFI MMS

Waste Management, Inc. (WM - Free Report) stock has had an impressive run on the bourses over the past three months, with its shares rising 6.3%.

Let’s delve into the factors that have contributed to the company’s encouraging performance.

Top and Bottom-Line Performance

Waste Management has an impressive earnings surprise history. Its earnings beat estimates in three of the four trailing quarters and missed the same in one, delivering an average surprise of 4.7%. The company’s revenues beat estimates in three of the trailing four quarters and missed the same in one (the last quarter). These better-than-expected results can be attributed to solid waste business, strong organic growth and strict cost control.

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