Republic Services, Inc.'s (RSG) shares have risen 16.7% in the past six months, outperforming the industry and the Zacks S&P 500 composite’s growth of 9.5% and 12.8%, respectively.Six Months Price PerformanceImage Source: Zacks Investment ResearchRepublic Services reported mixed third-quarter 2024 results. Earnings per share (excluding 1 cent from non-recurring items) of $1.8 outpaced the Zacks Consensus Estimate by 11.7% and grew 17.5% from the year-ago quarter. Revenues of $4.1 billion marginally missed t ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of RSG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any in ...

Republic Services (RSG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a c ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

For the quarter ended September 2024, Republic Services (RSG) reported revenue of $4.08 billion, up 6.5% over the same period last year. EPS came in at $1.81, compared to $1.54 in the year-ago quarter. The reported revenue represents a surprise of -0.86% over the Zacks Consensus Estimate of $4.11 billion. With the consensus EPS estimate being $1.62, the EPS surprise was +11.73%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...

Republic Services (RSG) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.73%. A quarter ago, it was expected that this waste management company would post earnings of $1.53 per share when it actually produced earnings of $1.61, delivering a surprise of 5.23%. Over the last four qua ...

Third Quarter Total Revenue Growth of 6.5 Percent Reported Earnings Per Share of $1.80 and Adjusted Earnings Per Share of $1.81 Expanded Net Income Margin 130 Basis Points and Adjusted EBITDA Margin 210 Basis Points Generated Year-to-Date Cash Flow from Operations of $2.91 Billion and Adjusted Free Cash Flow of $1.74 Billion Certified as a Great Place to Work® for Eighth Consecutive Year PHOENIX, Oct. 29, 2024 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today reported net income of $565.7 million, o ...

Republic Services, Inc. (RSG) is scheduled to release its third-quarter 2024 results on Oct. 29, after market close.See Zacks Earnings Calendarto stay ahead of market-making news.RSG has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 7.6%.Republic Services’ Q3 ExpectationsThe Zacks Consensus Estimate for the company’s revenues is pegged at $4.1 billion, hinting at a 7.5% increase from the year-ago quarter’s rep ...

Core Insights - Republic Services (RSG) is expected to report quarterly earnings of $1.62 per share, reflecting a 5.2% increase year over year, with revenues projected at $4.11 billion, indicating a 7.5% growth compared to the previous year [1] - Analysts have adjusted the consensus EPS estimate upward by 0.1% over the past 30 days, indicating a reassessment of projections [1] Revenue Projections - Revenue from Environmental Solutions is forecasted to reach $458.05 million, representing an 8% year-over-year increase [2] - Total Collection Revenue is estimated at $2.79 billion, showing a 6.7% increase from the same quarter last year [2] - Revenue from Collection Other is projected at $19.40 million, indicating a 2.1% increase year over year [2] - Other non-core revenue is expected to be $92.62 million, reflecting a 7.9% year-over-year change [2] Detailed Revenue Breakdown - Net Revenue from Environmental Solutions is likely to reach $451.02 million, suggesting an 11.4% increase from the prior year [3] - Revenue from Transfer is projected at $466.66 million, indicating a 5% increase year over year [3] - Landfill Revenue is expected to be $781.92 million, reflecting a 5.2% increase from the previous year [3] - Revenue from Other Recycling Processing and Commodity Sales is estimated at $91.79 million, showing a significant 20.3% increase year over year [3] - Residential Collection Revenue is projected to be $760.57 million, indicating a 5.9% increase from the prior quarter [3] - The Average Yield is expected to reach 5.5%, down from 5.8% in the previous year [3] Stock Performance - Over the past month, shares of Republic Services have returned -0.3%, while the Zacks S&P 500 composite has increased by 1.5% [4] - Republic Services currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [4]

The market expects Republic Services (RSG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...