Republic Services Q2 revenue beats estimates; 2026 outlook lifted

Republic Services

06/08/2026 21:24

Overview
U.S. environmental services provider's Q2 revenue rose 4.6%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company raised full-year financial guidance and increased quarterly dividend by 7%

Outlook
Republic Services raises 2026 revenue guidance to $17.2 bln-$17.3 bln
Company lifts 2026 adjusted EBITDA outlook to $5.525 bln-$5.55 bln
Republic Services now sees 2026 adjusted EPS at $7.23-$7.28

Result Drivers
PRICING ACTIONS - Co said price increases in excess of cost inflation supported revenue and margin growth
VOLUME DECLINE - Co said lower volumes reduced revenue by 1.6% in Q2
ACQUISITIONS - Acquisitions contributed 1.1% to Q2 revenue growth

Company press release: ID:nPnHDT9fa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$4.43 bln
$4.36 bln (21 Analysts)
Q2 Adjusted EPS
Beat
$1.85
$1.81 (23 Analysts)
Q2 EPS
 
$1.84
 
Q2 Net Income
 
$566 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for Republic Services Inc is $249.00, about 20.3% above its August 5 closing price of $207.02
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 28 three months ago

Reuters Recommended Reads
Aug 6 - Finland's Lassila & Tikanoja beats Q2 sales estimates on strength in Waste Management and Recycling segment
Aug 5 - Onterris Q2 revenue misses estimates, cuts 2026 outlook
Aug 4 - UK's Symphony Environmental H1 revenue rises 23%, returns to profit

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)