2020 earnings coverage: Waste Management
The North American industry's largest company weathered the pandemic, announced new ESG plans and completed the major acquisition of Advanced Disposal Services.
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Waste Management: $40M coronavirus Q1 revenue hit, Advanced Disposal deal progressing
By Cole Rosengren • May 6, 2020The company suspended 2020 guidance, repeatedly emphasizing unpredictable conditions. While executives were optimistic about early landfill trends, long-term effects on small business customers were described as "the big unknown." Read the full article ➔
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Waste Management reports $400M revenue decline in Q2, additional divestitures to GFL
By Cole Rosengren • July 30, 2020Company executives said results "exceeded our expectations," during an earnings call, with economic activity picking back up around the country even as COVID-19 cases rise. Read the full article ➔
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Waste Management Q3: Executives optimistic about pandemic recovery, Advanced synergy savings
By Cole Rosengren • Nov. 2, 2020Executives reiterated cost saving expectations following the marathon deal process, highlighted incremental volume improvements, shared ESG spending updates and discussed the potential effects of a Biden victory. Read the full article ➔
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Waste Management CEO says economy 'ready to take off,' major North American M&A likely done
By Cole Rosengren • Feb. 18, 2021In the first full earnings report since acquiring Advanced Disposal, executives shared updates on integration and pandemic recovery. They also leaned into ESG as an opportunity under the Biden administration. Read the full article ➔
Recommended Reading
- 2020 earnings coverage for US waste and recycling companies By Waste Dive Team • Feb. 24, 2021