WM Q4 Earnings: Revenue and Profit Below Expectations, Focus on Synergies and Margins

[Para 1: The Lead] Waste Management (WM) reported a decline in Q4 revenue and non-GAAP profit per share, missing Wall Street forecasts. The company cited cost optimization, disciplined pricing, and operational improvements. CEO James Fish highlighted reduced labor and maintenance costs, improved margins, and the positive impact of integrating Healthcare Solutions. [Para 2-3: Supporting details & Context] WM's stock price fell from $231.60 to $225 post-earnings. Analysts are now focusing on the pace of synergy capture from Healthcare Solutions, margin expansion through cost optimization, and the effectiveness of renewable natural gas and recycling business scaling amidst commodity price volatility. The market is closely monitoring these areas for signs of recovery and future growth potential.