Analysts surveyed by FactSet are looking for the Houston-based waste management services company to report earnings of 80 cents per share on revenue of $3.50 billion.
During the same quarter last year, Waste Management posted earnings of 74 cents per share on $3.36 billion in revenue.
Oppenheimer said recently that it anticipates "solid near-term growth trends and potential for further upward revisions" in the waste management sector ahead of third quarter results.
Among integrated waste companies, Oppenheimer views Waste Management as a "top pick."
This is due to the company's "improving execution and potential for incremental margin expansion," the firm said.
Oppenheimer has an "outperform" rating and $72 price target on the stock.
(Waste Management stock is held in the Dividend Stock Advisor portfolio. See all of the portfolio's holdings with a free trial.)
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rated this stock as a "buy" with a ratings score of A.
The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
You can view the full analysis from the report here: WM