Waste Management (WM) delivered mixed results in Q2 FY2026 on revenue of $6.7B versus the $6.7B estimate (+4.0% YoY) and EPS of $2.02. The next Waste Management (WM) earnings date is Oct 26, 2026. Below is the full Waste Management earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Waste Management (WM) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$6.7B vs $6.7B est
$2.02 vs $1.98 est
+2.0%
-0.5%
Mixed
Q2 FY2026
$6.2B vs $6.3B est
$1.81 vs $1.75 est
+3.4%
+1.8%
Mixed
Q1 FY2026
$6.3B vs $6.4B est
$1.93 vs $1.95 est
-1.0%
-3.5%
In line
Q4 FY2025
$6.4B vs $6.5B est
$1.98 vs $2.01 est
-1.5%
-4.9%
In line
Q3 FY2025
$6.4B vs $6.4B est
$1.92 vs $1.89 est
+1.6%
+2.6%
In line
Q2 FY2025
$6.0B vs $6.1B est
$1.67 vs $1.59 est
+5.0%
+0.2%
Mixed
Q1 FY2025
$5.9B vs $5.8B est
$1.70 vs $1.80 est
-5.6%
+4.1%
Mixed
Q4 FY2024
$5.6B vs $5.5B est
$1.96 vs $1.89 est
+3.7%
+6.0%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
7.6%
30.7M
$6.8B
+1.8%
Bill & Melinda Gates Foundation Trust
6.6%
26.7M
$6.0B
-3.3%
Vanguard Capital Management LLC
6.2%
25.2M
$5.6B
+0.0%
State Street Corp
4.5%
18.0M
$4.0B
+2.9%
Capital Research Global Investors
2.6%
10.4M
$2.3B
+19.5%
Vanguard Portfolio Management LLC
2.5%
10.1M
$2.3B
-1.1%
Geode Capital Management, LLC
2.2%
9.1M
$2.0B
-1.3%
Ci Private Wealth, LLC
2.0%
8.2M
$76.4M
+2474.3%
Ameriprise Financial INC
1.8%
7.1M
$1.6B
-4.6%
Morgan Stanley
1.6%
6.6M
$1.5B
-7.0%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Reed David L.
officer: EVP & CFO
2026-08-07
Buy
5K
—
Reed David L.
officer: EVP & CFO
2026-08-07
Sell
5K
—
Carrasco Rafael
officer: SVP of Enterprise Strategy
2026-06-05
Buy
3K
$334543
Carrasco Rafael
officer: SVP of Enterprise Strategy
2026-06-05
Sell
3K
$585335
Carrasco Rafael
officer: SVP of Enterprise Strategy
2026-06-05
Sell
3K
$334543
Dalby Marcel
officer: SVP Bus Optimiz & Collection
2026-05-20
Buy
2K
—
Hemmer Tara J.
officer: EVP & Chief Operating Officer
2026-05-20
Buy
3K
—
Morris John J
officer: President
2026-05-20
Sell
566
$124797
What you'll find
Next Waste Management (WM) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Waste Management reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Waste Management (WM)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Waste Management's next earnings date?
Waste Management's (WM) next scheduled earnings date is Oct 26, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Waste Management (WM) beat or miss earnings?
In Q2 FY2026, Waste Management (WM) posted mixed results — revenue of $6.7B versus the $6.7B estimate (-0.4% surprise) and EPS of $2.02 versus $1.98 expected (+2.0% surprise). Magnisto decodes every Waste Management (WM) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Waste Management beat earnings estimates?
Over its last 8 reported quarters, Waste Management (WM) beat Wall Street EPS estimates 4 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every Waste Management (WM) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Waste Management stock move after earnings?
Over its last 8 quarterly reports, Waste Management (WM) moved an average of ±2.9% the day after earnings — ranging from -4.9% (Q4 FY2025) to +6.0% (Q4 FY2024). The stock rose after 5 of those 8 reports and fell after 3. Heading into its next report on Oct 26, 2026, options-implied volatility is pricing in a move of roughly ±8.4% (derived). Magnisto tracks the realized post-earnings move for every Waste Management (WM) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Waste Management?
Institutions hold about 115.0% of Waste Management's (WM) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (7.6%), Bill & Melinda Gates Foundation Trust (6.6%), Vanguard Capital Management LLC (6.2%). Magnisto lists Waste Management's (WM) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Waste Management (WM)?
In the most recent Form 4 filings Magnisto tracks, Waste Management (WM) insiders recorded 8 purchases and 4 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Waste Management (WM) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Waste Management (WM), anchored to the current $226.46 share price, so you can weigh the bull, base and bear cases for Waste Management side by side.
Is Waste Management (WM) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Waste Management fits your own thesis and risk profile. This is research, not investment advice.