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Ahead of Republic Services (RSG) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project that Republic Services (RSG) will report quarterly earnings of $1.75 per share, reflecting an 8.7% year-over-year increase, with revenues expected to reach $4.27 billion, a 5.4% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.6% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts forecast 'Revenue- Environmental solutions, net' to reach $508.67 million, indicating a 7.6% increase year-over-year [5]. - 'Revenue- Collection- Total' is expected to be $2.88 billion, reflecting a 5.8% year-over-year change [5]. - The estimate for 'Revenue- Collection- Small-container' stands at $1.28 billion, suggesting a 6.7% increase year-over-year [5]. - 'Revenue- Collection- Large-container' is projected at $810.03 million, indicating a 5.2% year-over-year change [6]. - 'Revenue- Other- Other non-core' is expected to reach $100.75 million, reflecting a 4.2% increase from the prior-year quarter [6]. - 'Revenue- Collection- Residential' is estimated at $771.05 million, indicating a 5.1% year-over-year change [7]. - 'Revenue- Transfer' is projected at $479.38 million, reflecting a 4.7% increase from the prior-year quarter [7]. - 'Revenue- Landfill' is expected to reach $801.10 million, indicating a 5.2% year-over-year change [7]. - 'Revenue- Other- Recycling processing and commodity sales' is projected at $107.31 million, suggesting a slight decrease of 0.2% from the year-ago quarter [8]. - The average prediction for 'Revenue- Environmental solutions' is $504.62 million, indicating a 3.1% increase from the prior-year quarter [8]. - 'Revenue- Collection- Other' is expected to reach $18.78 million, reflecting a 2.6% year-over-year change [8]. Average Yield - Analysts suggest that 'Average yield' will likely reach 3.8%, down from 5.5% reported in the same quarter last year [9]. Stock Performance - Republic Services shares have seen a change of -0.3% in the past month, contrasting with the Zacks S&P 500 composite's +5.7% move, indicating a potential underperformance relative to the market [9].