Republic Services slightly beats Q1 revenue estimates

Republic Services

07/05/2026 21:22

Overview

U.S. waste management firm's Q1 revenue rose 2.6%, slightly beating analyst expectations

Adjusted EPS for Q1 increased 7.6% to $1.70, beating analyst expectations

Company invested over $700 mln in acquisitions and returned $507 mln to shareholders

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

PRICING INITIATIVES - Disciplined pricing and core price increases contributed to revenue and margin growth, per CEO Jon Vander Ark

COST MANAGEMENT - Effective cost controls supported margin expansion, according to management

SEGMENT PERFORMANCE - Organic growth in recycling and waste business offset by decline in environmental solutions segment

Company press release: ID:nPn2NWgPPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$4.11 bln
$4.10 bln (22 Analysts)
Q1 Adjusted EPS
Beat
$1.70
$1.64 (24 Analysts)
Q1 EPS
$1.70
Q1 Adjusted Net Income
Beat
$526 mln
$504.46 mln (17 Analysts)
Q1 Net Income
$525 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 12 "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 $250.00, about 25.2% above its May 6 closing price of $199.69

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 29 three months ago

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.)