Republic Services, Inc. (RSG) reported fourth-quarter net income attributable to the company of $127.0 million, or $0.35 per share, compared to $191.0 million, or $0.51 per share in the year-ago quarter.
Excluding items, adjusted net income for the fourth quarter was $133.4 million, or $0.37 per share, compared to $195.3 million, or $0.53 per share in the comparable quarter last year.
Revenue for the latest fourth quarter rose to $2.028 billion from $2.025 billion a year ago.
On average, analysts polled by Thomson Reuters expected the company to earn $0.43 per share on revenue of $2.00 billion for the fourth quarter. Analysts' estimates typically exclude special items.
The company expects full year 2013 adjusted earnings to be in the range of $1.86 to $1.91 per share and an increase in revenue of 2.0 to 2.5 percent.
Analysts currently expect the company to earn $1.93 per share and $8.24 billion for the full year 2013.
Republic also announced that its Board of Directors declared a regular quarterly dividend of $0.235 per share for stockholders of record on April 1, 2013. The dividend will be paid on April 15, 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.