26.10.2023 22:23:48 - dpa-AFX: Republic Services Q3 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Republic Services (RSG) revealed earnings for its
third quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $480.2 million, or $1.52 per share. This
compares with $416.9 million, or $1.32 per share, in last year's third quarter.
Excluding items, Republic Services reported adjusted earnings of $488.3 million
or $1.54 per share for the period.
Analysts on average had expected the company to earn $1.42 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 6.9% to $3.85 billion from $3.60
billion last year.
Republic Services earnings at a glance (GAAP) :
-Earnings (Q3): $480.2 Mln. vs. $416.9 Mln. last year.
-EPS (Q3): $1.52 vs. $1.32 last year.
-Analyst Estimate: $1.42
-Revenue (Q3): $3.85 Bln vs. $3.60 Bln last year.
-Guidance:
Full year EPS guidance: $5.46 to $5.49
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