Investing.com - Waste Management (NYSE:WM) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.94 on revenue of $3.7B. Analysts polled by Investing.com expected EPS of $0.93 on revenue of $3.67B. That compared to EPS of $0.91 on revenue of $3.51B in the same period a year earlier. The company had reported EPS of $1.13 on revenue of $3.84B in the previous quarter.
For the year, Waste Management shares are up 19.24%, outperforming the S&P 500 which is up 18.18% year to date.
Waste Management follows other major Services sector earnings this month
On Wednesday, Visa A reported second quarter EPS of $1.31 on revenue of $5.49B, compared to forecasts of EPS of $1.24 on revenue of $5.46B.
Verizon earnings beat analyst's expectations on Tuesday, with first quarter EPS of $1.2 on revenue of $32.13B. Investing.com analysts expected EPS of $1.17 on revenue of $32.15B
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