Republic Services, Inc. (RSG) Thursday said first-quarter profit declined to $124.6 million or $0.34 per share from $142.9 million or $0.38 per share in the comparable quarter last year.
Adjusted earnings for the quarter was $167.4 million or $0.46 per share. On average, eight analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $2.0 billion, up from $1.99 billion last year. Analysts expected revenues of $2.00 billion.
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