Investing.com - Waste Management (NYSE:WM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.11 on revenue of $3.95B. Analysts polled by Investing.com forecast EPS of $1.09 on revenue of $3.94B. That compared to EPS of $1.01 on revenue of $3.74B in the same period a year earlier. The company had reported EPS of $0.94 on revenue of $3.7B in the previous quarter.
For the year, Waste Management shares are up 30.13%, outperforming the S&P 500 which is up 21.91% year to date.
Waste Management follows other major Services sector earnings this month
On Wednesday, Visa A reported third quarter EPS of $1.37 on revenue of $5.84B, compared to forecasts of EPS of $1.32 on revenue of $5.7B.
AT&T earnings matched analyst's expectations on Wednesday, with second quarter EPS of $0.89 on revenue of $44.96B. Investing.com analysts expected EPS of $0.89 on revenue of $44.87B
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