Republic Services Inc reports results for the quarter ended March 31 - Earnings Summary

• Republic Services Inc RSG.N reported quarterly adjusted earnings of $1.58​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.45. The mean expectation of nineteen analysts for the quarter was for earnings of $1.53 per share. Wall Street expected results to range from $1.41 to $1.62 per share.

• Revenue rose 3.8% to $4.01 billion from a year ago; analysts expected $4.05 billion.

• Republic Services Inc's reported EPS for the quarter was $1.58​.

• The company reported quarterly net income of $495 million.

• Republic Services Inc shares had fallen by 0.3% this quarter and gained 20.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.​

• In the last 30 days, twelve analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "buy"

• Wall Street's median 12-month price target for Republic Services Inc is $260.00

This summary was machine generated from LSEG data April 24 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)