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 ...

"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 ...

Boring businesses can be some of the best businesses to own. Convenience stores, funeral homes, aerospace parts, and even solid waste have been some weird (but highly profitable) industries where investors can find great businesses that generate strong free cash flow and have long runways for growth. One such company I think fits this bill is Republic Services (NYSE:RSG), which is the second largest waste services provider in North America, after Waste Management (WM). With a huge network of landfills and t ...

Republic Services (RSG) had an impressive run over the past year. In the same time frame, the stock has gained 32% compared with the 21.3% rally of the industry it belongs to and the 26.1% rise of the Zacks S&P 500 composite. Republic Services' earnings surpassed the Zacks Consensus Estimate in the past four quarters, delivering an average earnings surprise of 7.8%. The company continues to focus on the implementation of digital tools that enhance the customer and employee experience. RSG's RISE digital ope ...

Valuation Metrics The Waste Removal Services industry is in the top 37% of all the industries we have in our universe, so it looks like there are some nice tailwinds for RSG and WM, even beyond their own solid fundamental situation. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Republic Services fits the bill. Thus, it seems as though Republic Services shares could have potential in the weeks and months to come. Ha ...

Republic Services (NYSE:RSG), a leading waste disposal and recycling service provider, plays a crucial role in environmental sustainability and resource conservation. After coming off a strong year in 2023, CEO Jan Vander Ark remains confident in delivering solid revenue and earnings per share growth in 2024. UnitedHealth Group (UNH) If you are a more risk-averse investor, these safe companies are likely right up your alley. Visa (NYSE:V) is a cornerstone in the global payments industry and one of the world ...

A live audio webcast of the conference call can be accessed by visiting the Company's Investor Relations website at investor.republicservices.com. A replay of the conference call will be available one hour after the end of the live call through July 31, 2024, at investor.republicservices.com or by calling (877) 344-7529 or (412) 317-0088 (International), access code 8974946. About Republic Services Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Comp ...

Core Viewpoint - Republic Services (RSG) has demonstrated strong performance in 2023, with its shares increasing by 13.8%, surpassing both the industry average of 10.6% and the Zacks S&P 500 Composite's rise of 12.4% [1] Financial Performance - In 2023, Republic Services distributed $650 million in dividends and repurchased shares worth $261.8 million, reflecting its commitment to shareholder value [2] - For the first quarter of 2024, RSG reported earnings per share of $1.5, exceeding the Zacks Consensus Estimate by 5.8% and showing a year-over-year increase of 16.9%. However, revenues of $3.9 billion slightly missed expectations but still represented a 7.8% year-over-year growth [7] Operational Efficiency - The company is enhancing operational efficiency by transitioning to compressed natural gas (CNG) vehicles, with CNG accounting for approximately 20% of its recycling and solid waste collection fleet in 2023 [4] - RSG's fuel costs in 2023 were $541.6 million, constituting 3.6% of its revenues, down from 4.7% in 2022, indicating some success in managing fuel expenses [11] Market Position and Trends - The ongoing trends such as environmental concerns, industrialization, population growth, and government initiatives against illegal dumping are expected to benefit Republic Services [13] - The company is focused on increasing its recycling volume and has opened its first Polymer Centre to enhance plastic recycling across North America [13] Liquidity and Financial Health - As of the end of the first quarter of 2024, RSG's current ratio was 0.53, indicating potential challenges in meeting short-term obligations [8]

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating ...

It has been about a month since the last earnings report for Republic Services (RSG) . Shares have lost about 2.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Republic Services due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Repuclic Services Beats Q1 Earni ...