Report
Keith Schoonmaker, CFA
EUR 100.00 For Business Accounts Only

Waste Management continues to flex its pricing muscle in order to improve shareholder returns.

Waste industry leader Waste Management’s first-quarter revenue grew about 3% on an organic basis, to $3.5 billion, largely in line with our expected run rate. The increase stems from healthy pricing and volume trends in the flagship collection and disposal businesses, partly offset by ongoing weakness in the recycling operations linked to anemic commodity prices for key materials the firm extracts and sells. Overall, since our longer-term midcycle revenue and operating margin assumptions remain ...
Underlying
Waste Management Inc.

Waste Management is a holding company. Through its subsidiaries, the company is a provider of waste management environmental services. The company partners with its residential, commercial, industrial and municipal customers and the communities it serves to manage and reduce waste at each stage from collection to disposal, while recovering resources and creating renewable energy. The company's Solid Waste business is operated and managed by its subsidiaries that focus on various geographic areas and provide collection, transfer, disposal, and recycling and resource recovery services. Through its subsidiaries, the company is also a developer, operator and owner of landfill gas-to-energy facilities.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Keith Schoonmaker, CFA

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