Republic Services Inc expected to post earnings of $1.29 a share - Earnings Preview

Republic Services

23/02/2024 21:15

* Republic Services Inc  RSG.N   RSG  is expected to show a
rise
in quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Phoenix Arizona-based  company is expected to report a
5.7% increase in revenue to $3.732 billion from $3.53 billion a
year ago, according to the mean estimate from 17 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Republic Services Inc is
for
earnings of $1.29 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Republic
Services
Inc is $182.00​, below​ its last closing price of $183.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.43        1.42       1.54      Beat    8.2
 Jun. 30 2023  1.32        1.32       1.41      Beat    6.8
 Mar. 31 2023  1.13        1.13       1.24      Beat    10.1​
 Dec. 31 2022  1.02        1.02       1.13      Beat    10.7
 ​​Sep.        1.22        1.22       1.34      Beat    9.8
 30 2022                                                
 Jun. 30 2022  1.18        1.18       1.32      Beat    11.8​
 Mar. 31 2022  1.05        1.05       1.14      Beat    8.8
 Dec. 31 2021  1.03        1.01       1.02      Beat    0.9
 This summary was machine generated February 23 at 21:15 GMT. 
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)