secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001104659-24-111884
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM Q3 2024: adjusted EPS $1.96 vs $1.63 YoY; raises revenue guidance to ~6%
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- Revenue $5,609M (+7.9% YoY) driven by core price of 6.5%; adjusted operating EBITDA $1,711M, record margin 30.5%.
- Diluted EPS reported $1.88, adjusted $1.96 (vs $1.63 YoY); net income $760M.
- Full-year revenue guidance raised to ~6% (above prior 5.75%); expects adjusted EBITDA near $6.5B (upper end).
- Free cash flow on track for $2.15B (high end); capex $3.15-3.25B with ~$950M for sustainability growth.
- Stericycle acquisition expected to close in Q4 2024; integration planning progressing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465924111884/0001104659-24-111884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465924111884/tm2426919d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-111884

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer