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Republic Services Q2 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Republic Services (RSG) reported earnings for its second quarter that Increased from the same period last year and beat the Street estimates.

The company's earnings came in at $550 million, or $1.75 per share. This compares with $512 million, or $1.62 per share, last year.

Excluding items, Republic Services reported adjusted earnings of $556 million or $1.77 per share for the period.

Analysts on average had expected the company to earn $1.75 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.7% to $4.24 billion from $4.05 billion last year.

Republic Services earnings at a glance (GAAP) :

-Earnings: $550 Mln. vs. $512 Mln. last year.
-EPS: $1.75 vs. $1.62 last year.
-Revenue: $4.24 Bln vs. $4.05 Bln last year.

-Guidance:
Full year EPS guidance: $6.82 - $6.90
Full year revenue guidance: $16.68 - $16.75B

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