Core Insights - Republic Services reported $4.01 billion in revenue for Q1 2025, a year-over-year increase of 3.8% and an EPS of $1.58 compared to $1.45 a year ago, with a revenue surprise of -0.99% and an EPS surprise of +3.95% [1] Revenue Performance - Environmental solutions revenue was $466 million, slightly above the estimate of $465.80 million, reflecting a +6.1% year-over-year change [4] - Total collection revenue was $2.74 billion, below the estimate of $2.78 billion, with a year-over-year change of +3% [4] - Small-container collection revenue was $1.24 billion, matching the estimate, with a +4.5% year-over-year change [4] - Large-container collection revenue was $739 million, below the estimate of $773.91 million, with a +0.9% year-over-year change [4] - Other collection revenue was $18 million, slightly below the estimate of $18.04 million, with a +1.7% year-over-year change [4] - Other non-core revenue was $100 million, exceeding the estimate of $95.94 million, with a +7.6% year-over-year change [4] - Environmental solutions, net revenue was $449 million, below the estimate of $461.65 million, with a +6.1% year-over-year change [4] - Transfer revenue was $424 million, below the estimate of $449.22 million, with a +1.1% year-over-year change [4] - Landfill revenue was $723 million, below the estimate of $753.45 million, with a +2.6% year-over-year change [4] - Recycling processing and commodity sales revenue was $108 million, exceeding the estimate of $97.65 million, with a +13.1% year-over-year change [4] - Residential collection revenue was $743 million, slightly below the estimate of $748.33 million, with a +2.7% year-over-year change [4] Stock Performance - Shares of Republic Services returned +1.5% over the past month, outperforming the Zacks S&P 500 composite, which changed -5.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]