8-KEarnings & ResultsExhibits & Filings

WASTE MANAGEMENT INC 8-K Report, Financial Results (Apr 28, 2016)

Filed April 28, 2016For Securities:WM

Summary

Waste Management, Inc. (WM) filed an 8-K on April 28, 2016, to report its financial results for the first quarter of 2016. The filing itself primarily serves to attach the accompanying press release detailing these results and to announce the timing of their conference call. Investors should refer to the press release (Exhibit 99.1) for specific financial figures, operational performance, and management's commentary on the quarter. The company highlighted its ongoing use of non-GAAP financial measures in its earnings discussions, providing reconciliations to GAAP measures in the press release. This is a common practice for WM and signals that investors should pay close attention to both GAAP and non-GAAP reporting to gain a comprehensive understanding of the company's financial health and performance trends.

Key Highlights

  • 1WM announced its first quarter 2016 financial results via an 8-K filing on April 28, 2016.
  • 2The 8-K filing's primary purpose was to attach the official press release (Exhibit 99.1) detailing the Q1 2016 earnings.
  • 3A conference call was scheduled for April 28, 2016, at 9:00 a.m. Central Time to discuss the results.
  • 4The company indicated that management would discuss non-GAAP financial measures during the call.
  • 5Reconciliations between non-GAAP and GAAP financial measures were provided in the press release.
  • 6Investors can access the webcast and replay information for the conference call through WM's Investor Relations website or by phone.

Frequently Asked Questions

The primary purpose of this 8-K filing is to officially report Waste Management's financial results for the first quarter of 2016 and to attach the press release that contains the detailed financial information and management's discussion. It also serves to inform investors about the associated conference call.

The detailed financial results, including income statements, balance sheets, and cash flow information for the first quarter of 2016, are located in the press release filed as Exhibit 99.1 to this 8-K report.

Yes, the company explicitly stated in the 8-K that management is expected to discuss certain non-GAAP financial measures during the conference call. Reconciliations to the most comparable GAAP measures are provided in the press release.

The 8-K provides details for accessing the live webcast via the Investor Relations section of the Waste Management website (www.wm.com) and by dialing into a conference call at (877) 710-6139 with access code 81195417. A replay will also be available by dialing (855) 859-2056 with conference ID 81195417.