WM reports third quarter earnings with strong cash flow
Revenue grew 6.3%, driving $957 million returned to shareholders via buybacks and dividends.
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Environmental solutions and waste management services provider
wm.comLast updated
In short: WM beat Q3 revenue estimates, posted strong cash flow and named John Morris CEO.
Revenue grew 6.3%, driving $957 million returned to shareholders via buybacks and dividends.
Jim Fish retires after over a decade as CEO. The board selected President John Morris to lead the company's next chapter of growth and sustainability.
Cash flow from operations increased nearly 12%, returning over $1 billion to shareholders.
Batteries pose a fire risk in recycling and trash; estimated 5,000 annual battery-related fires at recycling facilities.
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