US EditionBarclays second-quarter profit beats estimates as investment banking revenues swell
UNITED STATES, JUL 29 – Waste Management posted $1.92 earnings per share and $6.43 billion revenue in Q2, driven by higher prices, steady demand, and automation reducing labor costs.
- On Monday, Waste Management WM-N beat second-quarter profit and revenue estimates, aided by higher pricing and steady demand for waste services.
- Through automation, Waste Management used automation to cut labour costs and boost efficiency at its landfills.
- Revenue and profit figures reveal Waste Management posted quarterly profit of $1.92 per share above analysts’ $1.90 expectations and total revenue of $6.43-billion beat forecasts of $6.36-billion.
- Following the report, shares of the Houston-based company rose marginally after the bell.
- As a market leader, Waste Management leads garbage collection alongside Republic Services across significant U.S. regions.
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23 Articles
Barclays First Half Profit up 23%, Announces $1.3 Billion ...
·New York, United States
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Barclays profit up 23% as Trump tariff turmoil lifts trading
Barclays first-half profit rose by a better-than-expected 23%, the British bank said on Tuesday, with its markets business reaping bumper returns from the frenzied trading activity sparked by U.S. President Donald Trump's trade tariffs.
·United Kingdom
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Ground stop lifted at O'Hare after thunderstorm rolls through area
Barclays is the latest bank to beat estimates and report higher revenue from its investment banking this quarter, after U.S. tariffs triggered intense market volatility. Pre-tax profit at the British lender came in at £2.5 billion, versus an analyst estimate of £2.23 billion, while revenues were in-line with forecasts at £7.2 billion. Barclays is meanwhile delivering on its cost-reduction targets, CEO C.S. Venkatakrishnan said. British bank Barc…
·Chicago, United States
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Leaning Left7Leaning Right0Center7Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
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