Republic Services(RSG)
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Republic Services (RSG) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-24 23:00
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Average yield: 5.5% compared to the 5.9% average estimate based on three analysts. Revenue- Environmental solutions: $489.70 million compared to the $435.95 million average estimate based on two analysts. The reported number represents a change of +16.7% year over year. Revenue- Collection- Total: $2.72 billion co ...
Republic Services(RSG) - 2024 Q2 - Earnings Call Transcript
2024-07-24 22:59
Aaron Evans - VP of IR Jon Vander Ark - CEO Brian DelGhiaccio - CFO Operator I would like to welcome everyone to Republic Services second quarter 2024 conference call. Jon Vander Ark, our CEO, and Brian DelGhiaccio, our CFO, are on the call today to discuss our performance. Jon Vander Ark Regarding customer zeal, our commitment to delivering world-class essential services and sustainability offerings continues to drive customer loyalty and organic growth in the business. Our customer retention rate remained ...
Republic Services, Inc. Increases Quarterly Dividend to $0.580 Per Share
Prnewswire· 2024-07-24 20:15
"We are raising our quarterly dividend by approximately 8 percent," said Jon Vander Ark, president and chief executive officer. "This is the 21st consecutive year we've increased our annual dividend, which reinforces our commitment to efficiently return cash to shareholders." For more information, contact: Media Inquiries Investor Inquiries Roman Blahoski (480) 718-0328 Aaron Evans (480) 718-0309 [email protected] [email protected] PHOENIX, July 24, 2024 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) a ...
Republic Services, Inc. Reports Second Quarter 2024 Results
Prnewswire· 2024-07-24 20:10
PHOENIX, July 24, 2024 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today reported net income of $511.5 million, or $1.62 per diluted share, for the three months ended June 30, 2024, versus $427.4 million, or $1.35 per diluted share, for the comparable 2023 period. Excluding certain expenses and other items, on an adjusted basis, net income for the three months ended June 30, 2024, was $508.9 million, or $1.61 per diluted share, versus $446.7 million, or $1.41 per diluted share, for the comparable 20 ...
Republic Services(RSG) - 2024 Q2 - Quarterly Results
2024-07-24 20:05
EXHIBIT 99.1 Republic Services, Inc. Reports Second Quarter 2024 Results ● Second Quarter Total Revenue Growth of 8.6 Percent ● Reported Earnings Per Share of $1.62 and Adjusted Earnings Per Share of $1.61 ● Expanded Both Net Income Margin and Adjusted EBITDA Margin 110 Basis Points ● Generated Year-to-Date Cash Flow from Operations of $1.91 Billion and Adjusted Free Cash Flow of $1.15 Billion ● Raised 2024 Full-Year Financial Guidance for Earnings and Cash Flow ●Increased Quarterly Dividend by Approximatel ...
Here's Why Republic Services (RSG) is a Strong Momentum Stock
ZACKS· 2024-07-24 14:56
Republic Services is a leading provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services. As of Dec 31, 2023, the company operated through 364 collection operations, 246 transfer stations, 207 active landfills, 74 recycling centers, three treatment, recovery and disposal facilities, 22 treatment, storage and disposal facilities, 12 deep injection wells, 1 polymer center and 6 salt water disposal wells, across the United States and Canada. The company is engaged in ...
Republic Services Hits Emissions Reduction Target Early, Supporting Customers' Climate Goals
Prnewswire· 2024-07-24 13:04
"Sustainability is our business. Through investments and innovations, Republic Services is transforming plastics circularity and advancing decarbonization solutions, helping meet the needs of our customers," said Jon Vander Ark, president and chief executive officer. "As we continue to make progress toward our long-term goals, we're driving both economic and environmental sustainability, and working to create a more sustainable world." Republic Services continues to make meaningful strides toward its ambiti ...
Republic Services (RSG) to Report Q2 Earnings: What to Expect?
ZACKS· 2024-07-19 18:31
Republic Services, Inc. (RSG) is scheduled to release its second-quarter 2024 results on Jul 24, after the bell. The Zacks Consensus Estimate for the company's revenues in the to-be-reported quarter is pegged at $4.03 billion, indicating 8.2% growth from the year-ago quarter. The improved segmental growth is likely to have benefitted top-line growth. Our estimate for the adjusted EBITDA is pegged at $1.22 billion, indicating 9.1% growth from the year-ago quarter. The EBITDA margin is expected to be 30.2%, s ...
Will Republic Services (RSG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-19 17:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Republic Services (RSG) , which belongs to the Zacks Waste Removal Services industry. For the most recent quarter, Republic Services was expected to post earnings of $1.37 per share, but it reported $1.45 per share instead, representing a surprise of 5.84%. For the previous quarter, the consensus estimate was $1.28 per share, while it actually produced $1.41 ...
Republic Services and City of Louisville Lead the Charge with Nation's First Fully Electric Collection Fleet
Prnewswire· 2024-07-17 13:04
"We are so proud that Louisville will be the first city in the nation with a fully electric collection fleet," said Mayor Chris Leh. "These innovative EV collection trucks will fulfill our trash, compost and recycling needs, reduce noise pollution, and include larger windshields to increase each driver's field of vision and lower greenhouse gas emissions, making our neighborhoods quieter, safer and healthier. Republic Services and the City of Louisville share a strong commitment to sustainability. Adopting ...