2021 earnings coverage: WM
The North American industry's largest company was focused on integrating Advanced Disposal Services, ramping up recycling investments and maneuvering through pandemic effects throughout the year.
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Waste Management raises guidance as pandemic recovery accelerates, predicts possible labor headwind
By Cole Rosengren • April 27, 2021Pricing and the Advanced Disposal acquisition were key first quarter boosts. Executives also announced a new chief sustainability officer and weighed in on the Biden administration's infrastructure proposal. Read the full article ➔
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Waste Management Q2 bolstered by economic recovery, even with labor, supply chain strains
By Cole Rosengren • July 27, 2021The company saw record recycling results and plans to accelerate investment in that area this year. It also increased its annual guidance yet again, seeing further potential to recover business affected by the pandemic. Read the full article ➔
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Waste Management sees path to offset 'acute' inflation, labor turbulence through pricing and automation
By Cole Rosengren • Oct. 26, 2021The company raised revenue guidance again but faced a challenging quarter. During one recent week an estimated 900 employees were out due to COVID-19 at the same time as volumes increased due to the economic rebound. Read the full article ➔
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Waste Management planning $1.6B in ESG investments, says automation and attrition could phase out upward of 7,000 jobs
By Cole Rosengren • Feb. 2, 2022Executives closed out a turbulent 2021 with solid earnings, despite inflation, and shared plans for greater spending on recycling and renewable energy, which they expect to have better returns than solid waste acquisitions. Read the full article ➔
Recommended Reading
- 2021 earnings coverage for US waste and recycling companies By Waste Dive Team • Updated Feb. 18, 2022