WM's Q3 adjusted EPS misses estimates, but free cash flow increases
WM Waste Management Inc
$237.38 +0.33%
View chart & analysis → - 1WM recorded an adjusted earnings per share (EPS) of $2.15 for the third quarter.
- 2WM's free cash flow increased by 20% year-over-year to reach $985 million.
- 3WM spent $1.58 billion on share buybacks.
So what's the key point?
What is the main point? WM's third-quarter earnings per share were lower than what experts expected. However, the company's extra cash grew by 20% and was used to buy back its own shares.
Source The Motley Fool +1 · View original ↗
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