Waste Management Stock Drops After Earnings: Here's What You Need to Know

By Jamie Louko – Feb 2, 2023 at 6:45AM

NYSE: WM

Waste Management

Market Cap

$82B

Today's Change

(-0.18%) -$0.38

Current Price

$204.98

Price as of April 16, 2024, 4:00 p.m. ET

It was a rough quarter for investors, but there's reason for hope.

Shares of Waste Management (WM -0.18%) slumped after it reported its fiscal year and fourth-quarter earnings. The company fell short of analyst expectations, but Jamie Louko explains why he's still holding on to shares of this stalwart in this episode. He also dives into one concern that might be getting overlooked by shareholders. If you enjoy this episode, leave a like and consider subscribing.

*Stock prices used were the pre-market prices of Feb. 1, 2023. The video was published on Feb. 1, 2023.

Jamie Louko has positions in Waste Management. The Motley Fool recommends Waste Management. The Motley Fool has a disclosure policy. Jamie Louko is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.