logo
  

Republic Services Q2 adjusted earnings Beat Estimates

Republic Services (RSG) released earnings for its second quarter that advanced from the same period last year.

The company's profit came in at $331.1 million, or $1.03 per share. This compares with $225.5 million, or $0.71 per share, in last year's second quarter.

Excluding items, Republic Services reported adjusted earnings of $349.9 million or $1.09 per share for the period.

Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.7% to $2.81 billion from $2.45 billion last year.

Republic Services earnings at a glance:

-Earnings (Q2): $349.9 Mln. vs. $256.9 Mln. last year.
-EPS (Q2): $1.09 vs. $0.80 last year.
-Analysts Estimate: $0.94
-Revenue (Q2): $2.81 Bln vs. $2.45 Bln last year.

-Guidance:
Full year EPS guidance: $4.00 to $4.05

For comments and feedback contact: editorial@rttnews.com

Follow RTT