India, Feb. 12 -- Waste Management Inc (WM) released a profit for fourth quarter that beat the Street estimates.
The company's bottom line came in at $493 million, or $1.22 per share. This compares with $499 million, or $1.21 per share, in last year's fourth quarter.
Excluding items, Waste Management Inc reported adjusted earnings of $703 million or $1.74 per share for the period.
Analysts on average had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.7% to $5.22 billion from $4.94 billion last year.
Waste Management Inc earnings at a glance (GAAP) :
-Earnings (Q4): $493 Mln. vs. $499 Mln. l...