8-KEarnings & ResultsExhibits & Filings

WASTE MANAGEMENT INC 8-K Report, Financial Results (Feb 16, 2017)

Filed February 16, 2017For Securities:WM

Summary

Waste Management, Inc. (WM) filed an 8-K on February 16, 2017, to report its financial results for the fourth quarter and full year ended December 31, 2016. The filing itself does not contain the detailed financial figures but rather announces the issuance of a press release (Exhibit 99.1) that contains these results. Investors are directed to this press release and an accompanying conference call for comprehensive information regarding the company's operational and financial performance. The company also noted its use of non-GAAP financial measures, providing reconciliations to GAAP in the press release for transparency.

Key Highlights

  • 1WM announced its Q4 and full-year 2016 financial results via an 8-K filing on February 16, 2017.
  • 2The primary disclosure for detailed financial information is a press release filed as Exhibit 99.1.
  • 3A conference call was scheduled for the same day to discuss the financial results.
  • 4Webcast and telephonic access details were provided for the conference call and its replay.
  • 5The company acknowledged the use of non-GAAP financial measures in its reporting.
  • 6Reconciliations between non-GAAP and GAAP financial measures are available in the accompanying press release.

Frequently Asked Questions

The actual financial results are detailed in the press release dated February 16, 2017, which is filed as Exhibit 99.1 to this 8-K report. You should refer to that document for specific figures.

The conference call, held on February 16, 2017, was an opportunity for Waste Management's management to discuss the Q4 and full-year 2016 financial results in detail and answer questions from investors and analysts. The webcast and replay details provided allow investors to access this discussion.

Companies often use non-GAAP financial measures to provide a clearer view of their underlying business performance by excluding certain items that may not be indicative of ongoing operational trends. Waste Management states that it provides reconciliations in its press release to explain how these non-GAAP figures relate to their GAAP equivalents, allowing for a more informed analysis.