Waste Management (WM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.15
- Estimate
- $2.18
- Surprise
- -1.4%
- Revenue (period 2026-09-30)
- $6.85B
- Score at report (before → after)
- 5.2 → 5.3/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Waste Management (WM) missed the $2.18 estimate with adjusted EPS of $2.15 — a modest 1.4% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.2/10) to Sell at 5.3/10 after the report — the engine's score rose despite the miss.
Coverage in the report window
- JP Morgan Maintains Overweight on Waste Management, Raises Price Target to $260 — benzinga, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates WM Sell at 5.6/10.
2 of the last 4 quarters beat the estimate; this quarter's -1.4% surprise compares with a +0.9% four-quarter average. Next scheduled report: 2027-01-27.
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $230.90
- Stop
- $220.06
The stock trades at 30.3× trailing but 25.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
WM at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Waste Management
- Market cap
- $91.81B
- P/E (fwd)
- 25.7
- P/E (ttm)
- 30.3
- 52-week range
- $194.11–$248.13
- Off 52-week high
- 6.9%
- RSI (14)
- 69
- Volume vs avg
- 1.11×
- Score today
- 5.6/10