$WM

Here's What Key Metrics Tell Us About Waste Management (WM) Q2 Earnings

The article reviews Waste Management (WM) Q2 results using analyst estimates for revenue and related metrics. It cites total revenue growth of 4% vs a 4.6% average estimate, volume down 0.3% vs -0.5% expected, and average yield 4.3% vs 4.2% expected. Renewable energy revenue was $157M vs $169.01M estimate, while recycling processing and sales were $403M vs $396.54M.

Original reporting
Published Jul 28, 2026, 10:00 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 29, 2026, 12:32 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Here's What Key Metrics Tell Us About Waste Management (WM) Q2 Earnings — source image
Decision brief

The 30-second read

$WMNeutralLow
01

Why it matters

Renewable energy net operating revenues came in below consensus, while recycling processing and sales exceeded consensus, creating a mixed earnings quality signal.

02

Market read

Traders can use the reported vs consensus segment figures to refine short-term expectations for WM’s earnings mix and segment momentum.

03

What to watch

Without EPS, operating margin, guidance, and cash flow details, the market impact of these segment variances is uncertain.

Relevance 5/10Novelty 4/10Timing: after-hours/next-session reaction to Q2 segment results

Background

The piece summarizes Q2 earnings-related key metrics, including internal revenue growth components and net operating revenues by segment.

Company-level read

Ticker impact

$WMNeutralMedium confidence
Context

Waste Management Q2 metrics show renewable energy net operating revenues of $157M vs $169.01M consensus, plus recycling revenues of $403M vs $396.54M.

Expected impact

Likely modest, with focus on the renewable energy miss versus recycling beat; direction depends on how investors weigh segment mix.

Evidence & confidence

The text includes specific reported vs consensus figures for two segments, but lacks full earnings context (EPS, guidance, margins) to determine the dominant driver.

Market effects

Provides incremental read-through on waste/recycling and renewable energy segment performance versus sell-side expectations.

No regional-specific information provided.

Limited; impacts primarily US waste management earnings expectations.

Counterpoint

Investors may discount segment-level misses if consolidated results and cash flow were strong, making the renewable energy miss less market-moving.

Key entities

  • Waste Management

    Subject of the article, with Q2 segment metrics reported versus analyst estimates.

Related articles

$WMMed

WM Q2 Deep Dive: Improving Margins and Integration Progress Offset Softer Volume Trends

Revenue: $6.68 billion vs analyst estimates of $6.71 billion (4% year-on-year growth, in line) Adjusted EPS: $2.02 vs analyst estimates of $1.98 (2.1% beat) Adjusted EBITDA: $2.07 billion vs analyst estimates of $2.03 billion (30.9% margin, 1.6% beat) EBITDA guidance for the full year is $8.2 billion at the midpoint, in line with analyst expectations Operating Margin: 18.7%, in line with the same quarter last year Market Capitalization: $95.01 billion Cost discipline and automation:...

$WMMedAI 8/10

WM's Q2 recycling and renewable energy EBITDA jumps

Waste Management (WM) reported Q2 2026 revenue of $6.68B, up 4.0% y/y. Recycling and renewable energy adjusted operating EBITDA rose to $163M, up 32.5%, helped by higher volumes, automation efficiencies, and more RNG output. WM said full-year outlook is slightly ahead, raised EBITDA margin guidance to 31% to 31.2%, and narrowed revenue to $26.275B-$26.475B.

$WMHighAI 9/10

WASTE MANAGEMENT INC (WM): Results of Operations and Financial Condition

WASTE MANAGEMENT INC (WM) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 tm2621414d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 WM Announces Second Quarter 2026 Earnings Cash Flow from Operations Increases Nearly 12%, Supporting the Return of More Than $1 Billion to Shareholders During the Quarter WM Completes Four Sustainability Growth Projects a

$WMMed

Wallbridge Temporarily Evacuates Fenelon Camp, Suspends Exploration Due to Quebec Forest Fire Risk

Wallbridge Mining (TSX:WM, OTCQB:WLBMF) said it temporarily evacuated its Fenelon Gold project camp and suspended drilling and related exploration on its Detour-Fenelon Gold Trend due to an SOPFEU and Quebec natural resources ministry evacuation order tied to rising Quebec wildland fire risk. The company will monitor conditions and resume when authorities deem it safe.

$MSFTLow

Billionaire Bill Gates' Foundation Sold Its Microsoft Stake and Has 43% of Its $33 Billion Portfolio Invested in 2 Other Stocks

According to the article, the Bill & Melinda Gates Foundation sold its remaining Microsoft stake, leaving about 43% of its roughly $33 billion public-equity portfolio invested in two stocks. Microsoft exposure remains via Gates’ personal holdings of 103 million shares worth about $43 billion. The top holdings are Berkshire Hathaway (~25%) and WM (~18%), based on the latest SEC 13F.

$WMMed

Thrivent Adds 10,746 Waste Management Shares in Fourth Quarter

Thrivent Financial for Lutherans increased its Waste Management stake by 18.6% in the fourth quarter, adding 10,746 shares to 68,661. The position was valued at $15.12 million at the end of the latest reporting period, according to a filing. Other institutions also adjusted holdings. Analyst price targets rose, including RBC to $240 and TD Cowen to $275.