$WM

WM's CEO Jim Fish will retire in 2027, succeeded by President John Morris. WM reported Q2 revenue of $6.68B, up 4% YoY, and adjusted EBITDA of $2.07B, up 5.5%. The company has completed 38 of 39 recycling facility upgrades under a $1.4B capital program.

WASTE MANAGEMENT INC (WM) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 Jim Fish to Retire from WM; John Morris Named as Next CEO Houston — August 26, 2026 — WM (NYSE: WM) announced that Jim Fish, Chief Executive Officer and a member of the Board of Directors, has advised the Board of his plan to retire from WM and resign from the Board,

WM declared a quarterly cash dividend of $0.945 per share, payable September 25, 2026, to shareholders of record on September 11, 2026.

WM (NYSE:WM) declared a quarterly dividend of $0.945 per share, payable September 25, 2026, to shareholders of record September 11, 2026. The company, based in Houston, Texas, provides environmental solutions across North America.

Waste Management (WM) is a Houston-based company involved in waste collection, transportation, and recycling. Its shares have risen less than 2% this year, trading at a forward P/E of 28. WM has a competitive advantage due to its extensive landfill network and utility-like pricing power. The company reported Q2 revenue of $6.68B, up 4% YoY, and EPS of $1.95, up 8% YoY. WM forecasts full-year adjusted EBITDA between $8.15B and $8.25B, and free cash flow between $3.75B and $3.85B.

Parnassus Investments said it exited Salesforce (CRM) in Q2 2026 and started a new position in GE Vernova (GEV), citing less attractive valuations and weaker pricing dynamics for horizontal software, and expecting durable AI power demand for GE Vernova. The Core Equity Fund returned 16.83% in Q2 2026 versus the S&P 500’s 15.20%.

Waste Management (WM) is discussed after its Q2 2026 results. WM shares fell 1.2% on July 29 after revenue of $6.7B missed estimates, while adjusted EPS was $2.20. Full-year revenue guidance is $26.28B to $26.48B. Analysts rate it “Moderate Buy” with UBS raising its target to $270.

Town of Gates, New York, says residents reported missed and delayed garbage pickups by Waste Management. Town Supervisor Cosmo Giunta sent a letter warning the company’s license could be not renewed unless service improves by Sept. 1, citing staffing shortages. Waste Management said it is working to resolve delays due to temporary staffing issues.

Waste Management (WM) reported Q2 revenue of $6.68B vs $6.71B expected and adjusted EPS of $2.02 vs $1.98, with adjusted EBITDA of $2.07B. Management cited disciplined pricing, cost optimization, and technology/automation to offset inflation. Full-year EBITDA guidance is $8.2B at the midpoint. Analyst questions focused on Healthcare Solutions volumes, guidance drivers, RNG ramp, and margin outlook.

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:...