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What Waste Management (WM)'s Cautious Analyst Turn Ahead of Earnings Means For Shareholders
Waste Management is facing cautious analyst sentiment ahead of its April 28 earnings release, despite expectations for revenue and earnings growth. This shift in outlook may complicate the investment narrative, even as the company increased its quarterly dividend and authorized a new share buyback, demonstrating management’s confidence in cash generation. Investors will be scrutinizing the upcoming results for alignment with revenue guidance and acquisition plans, especially given increased leverage from the Stericycle acquisition.