Waste Management beats Q4 earnings estimates, expects to close acquisition this spring

Houston-based Waste Management Inc. (NYSE: WM), one of the city’s largest public companies, grew its revenue 3.7 percent to $15.46 billion in 2019, the firm reported Feb. 13.

For the fourth quarter of 2019, Waste Management posted a revenue of $3.85 billion, up slightly from $3.84 billion in Q4 2018 but missing analyst estimates by 2.6 percent, according to Zacks. Waste Management saw a Q4 profit of $447 million, or $1.05 per diluted share — compared to $531 million, or $1.24 per diluted share,…