8-KEarnings & ResultsRegulation FDExhibits & Filings

WASTE MANAGEMENT INC 8-K Report, Financial Results (Feb 14, 2006)

Filed February 14, 2006For Securities:WM

Summary

Waste Management, Inc. (WM) filed an 8-K on February 14, 2006, to report its financial results for the fiscal quarter and full year ended December 31, 2005. The company also announced upcoming investor events, including a public conference call to discuss these results and a presentation at the 23rd Annual Lehman Brothers Industrial Select Conference. Investors can access the press release, conference call details, and webcast information through WM's investor relations website. Management is expected to discuss the company's performance using non-GAAP financial measures such as free cash flow, adjusted earnings per share (EPS) and EPS growth, and adjusted "EBIT margin." A reconciliation of these non-GAAP measures to their most comparable GAAP counterparts is provided in the press release. The company highlighted its commitment to transparency by providing detailed explanations and reconciliations for these key performance indicators.

Key Highlights

  • 1WM announced its financial results for the fiscal quarter and full year ended December 31, 2005, via press release on February 14, 2006.
  • 2A public conference call was scheduled for February 14, 2006, to discuss these financial results, with webcast and replay options available.
  • 3The company intends to discuss non-GAAP financial measures including free cash flow, adjusted EPS and EPS growth, and adjusted EBIT margin.
  • 4Reconciliations of non-GAAP measures to GAAP are provided in the press release (Exhibit 99.1).
  • 5David P. Steiner (CEO) and Robert G. Simpson (CFO) are scheduled to present at the 23rd Annual Lehman Brothers Industrial Select Conference on February 16, 2006.
  • 6The presentation at the Lehman Brothers conference will be webcast live and available for replay on WM's website.
  • 7Slides accompanying the Lehman Brothers presentation will also be available on WM's investor relations website.

Frequently Asked Questions

The detailed financial results for the fiscal quarter and full year ended December 31, 2005, were announced via a press release filed as Exhibit 99.1 to this Form 8-K on February 14, 2006. You can also find this information and potentially further details on the company's investor relations website.

Waste Management plans to discuss non-GAAP financial measures including free cash flow, adjusted earnings per share (EPS) and EPS growth, and adjusted 'EBIT margin'. The company has provided explanations and reconciliations to GAAP measures for these in the press release.

The company held a public conference call on February 14, 2006, to discuss its results. A replay of the conference call was available through February 28, 2006, via webcast on WM's website (www.wm.com) or by telephone.

Yes, David P. Steiner (CEO) and Robert G. Simpson (CFO) were scheduled to present at the 23rd Annual Lehman Brothers Industrial Select Conference in Miami Beach, Florida, on February 16, 2006. This presentation was webcast live and available for replay on WM's website.