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]
Insights Into Republic Services (RSG) Q3: Wall Street Projections for Key Metrics