$WM

Waste Management’s (NYSE:WM) Q3 2026: beats on revenue

Waste Management reported Q3 2026 revenue of $6.85 billion, beating estimates by 0.5% and growing 6.3% year-on-year. Adjusted EPS missed estimates by 1.4%. The company expects full-year revenue at the high end of its previous guidance range, with EBITDA guidance in line with estimates. Operating and free cash flow margins improved year-on-year.

Original reporting
Published Oct 27, 2026, 8:52 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 27, 2026, 9:06 PM 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.
Waste Management’s (NYSE:WM) Q3 2026: beats on revenue — source image
Decision brief

The 30-second read

$WMNeutralHigh
01

Why it matters

The earnings beat on revenue may support short-term buying, while the EPS miss could trigger profit-taking; guidance at the high end may mitigate downside.

02

Market read

First-report earnings data for a large-cap utility/industrial stock, offering actionable insight for traders.

03

What to watch

Higher free cash flow margin and operating margin improvement suggest operational efficiency gains.

Relevance 9/10Novelty 9/10Timing: after-hours release

Background

Waste Management (NYSE:WM) reported Q3 2026 results, beating revenue estimates but missing EPS expectations, and provided full-year guidance.

Company-level read

Ticker impact

$WMNeutralHigh confidence
Context

Q3 2026 earnings release shows revenue beat but EPS miss, with guidance at high end of range.

Expected impact

potential modest downside as market prices in EPS miss, offset by revenue beat

Evidence & confidence

Revenue beat is modest (0.5%) while adjusted EPS missed by 1.4%; investors may weigh guidance and margin expansion.

Market effects

Waste management sector may see slight uplift from revenue guidance, but earnings miss could temper sentiment.

U.S. market participants may adjust exposure to WM and related REITs.

Limited to investors tracking U.S. waste services and ESG-focused funds.

Counterpoint

Despite EPS miss, strong cash flow and margin expansion could justify a buy on dip.

Key entities

  • Waste Management

    U.S. waste management services provider.

Related articles

$WMHighAI 8/10

Waste Management Q3 Revenue Rises 6.3% to $6.85 Billion

Waste Management reported Q3 2026 revenue of $6.85B, up 6.3% YoY, and adjusted EPS of $2.15. Adjusted EBITDA rose 5.8% to $2.12B. The company maintained its 2026 guidance, expecting revenue and free cash flow at the high ends of projected ranges. Collection volume declined slightly, but pricing and energy surcharges drove growth. The company also opened a new renewable natural gas facility.

$WMMedAI 8/10

WM Announces Third Quarter 2026 Earnings

WASTE MANAGEMENT INC (WM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 WM Announces Third Quarter 2026 Earnings Strong Cash Flow from Operations Supports Return of $957 Million to Shareholders During the Quarter Healthcare Solutions Increases Income from Operations by $41 Million Driven by 3.7% Revenue Growth and Growing Cost Improvemen