8-KEarnings & ResultsCorporate Changes

WASTE MANAGEMENT INC 8-K Report, Financial Results (Oct 23, 2019)

Filed October 23, 2019For Securities:WM

Summary

Waste Management, Inc. (WM) filed an 8-K on October 23, 2019, to report its third-quarter 2019 financial results via a press release. The filing primarily serves to attach this press release, which contains the detailed financial performance and operational updates for the quarter ending October 17, 2019. Investors should refer to the press release (Exhibit 99.1) for specific financial figures, including revenue, earnings, and any forward-looking guidance provided by the company. Additionally, the report notes an update to Waste Management's Code of Conduct, which was amended and restated on October 18, 2019, and posted to their website. While the amendments aimed to improve clarity and alignment with company values, they did not materially alter existing responsibilities or involve any waivers of previous provisions. The company also highlighted its upcoming conference call to discuss these Q3 results, providing details for participation and replay.

Key Highlights

  • 1WM filed an 8-K on October 23, 2019, to announce its third-quarter 2019 financial results.
  • 2The core of the filing is Exhibit 99.1, the press release detailing Q3 2019 financial performance.
  • 3A conference call was scheduled to discuss the Q3 results, with details for participation and replay provided.
  • 4The company expects to discuss non-GAAP financial measures on the call, with reconciliations available in the press release.
  • 5Waste Management amended and restated its Code of Conduct on October 18, 2019.
  • 6The amendments to the Code of Conduct were made for improved readability and alignment, without material changes to responsibilities or waivers.
  • 7The filing does not contain new material financial statements or exhibits beyond the press release and the cover page interactive data file.

Frequently Asked Questions

The detailed financial results for Waste Management's third quarter of 2019 are available in the press release filed as Exhibit 99.1 to this 8-K filing.

Yes, the company indicated that management is expected to discuss certain non-GAAP financial measures during the conference call. Information regarding the use of these measures and their reconciliation to GAAP measures is provided in the accompanying press release.

The Code of Conduct was amended and restated, but the company stated that these amendments did not materially change the responsibilities and obligations that applied previously, nor did they involve any waiver of prior provisions. The changes were primarily for improved readability and alignment with company values.

The conference call was scheduled for 9:00 a.m. Central Time on the day of the filing. It was webcast live via the Investors section of the company's website (www.wm.com) and could also be accessed by dialing (877) 710-6139 with access code 2572365. A replay was available on the website and by phone until November 6, 2019.