Republic Services Q4 Profit Increases, Beats Estimates

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

The company's bottom line came in at $512 million, or $1.63 per share. This compares with $440 million, or $1.39 per share, last year.

Excluding items, Republic Services reported adjusted earnings of $497 million or $1.58 per share for the period.

Analysts on average had expected the company to earn $1.39 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.6% to $4.046 billion from $3.832 billion last year.

Republic Services earnings at a glance (GAAP) :

-Earnings: $512 Mln. vs. $440 Mln. last year.
-EPS: $1.63 vs. $1.39 last year.
-Revenue: $4.046 Bln vs. $3.832 Bln last year.

by RTTNews Staff Writer

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