Republic Services Inc expected to post earnings of $1.53 a share - Earnings Preview

Republic Services

22/07/2024 23:42

* Republic Services Inc  RSG.N   RSG  is expected to show a
rise
in quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Phoenix Arizona-based  company is expected to report a
8.3% increase in revenue to $4.035 billion from $3.73 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 $1.53 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Republic
Services
Inc is $208.00​, above​ its last closing price of $205.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.36        1.35       1.45      Beat    7.5
 Dec. 31 2024  1.29        1.29       1.41      Beat    9.1
 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.        1.13        1.13       1.24      Beat    10.1
 31 2023                                                
 Dec. 31 2022  1.02        1.02       1.13      Beat    10.7​
 Sep. 30 2022  1.22        1.22       1.34      Beat    9.8
 Jan. 1 0001   1.18        1.18       1.32      Beat    11.8
 This summary was machine generated July 22 at 22:42 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)