The waste industry continues to gain momentum as 2021 enters its fourth quarter.
Waste Management presented its Q3 earnings, showing that despite inflationary costs and labor shortages, robust volumes and a demand for recycled content is driving company growth.
“Our third quarter performance highlighted the exceptional cash generation capability of our business model as we generated nearly $1.2 billion of cash from operations,” said Jim Fish, WM president and CEO. “Our solid results put us on track to meet the higher full-year financial outlook we provided last quarter, even as we face some of the highest inflation that we’ve seen in years, along with the labor and supply chain constraints.”
