Waste management Republic Services Q3 adjusted profit beats estimates on higher margins

Republic Services

30/10/2025 20:31

Overview

Republic Services Q3 revenue missed analyst expectations, per LSEG data

Adjusted EPS for Q3 beats consensus, reflecting strong operational execution

Company invested over $1 bln in acquisitions year-to-date

Outlook

Company expects revenue to be near the low end of full-year 2025 guidance

Company reiterates all other financial components of 2025 guidance

Result Drivers

PRICING STRATEGY - Effective pricing ahead of cost inflation and disciplined operational execution expanded adjusted EBITDA margin by 80 basis points

ACQUISITIONS - Revenue growth included 1.6% from acquisitions, contributing to overall 3.3% revenue increase

RECYCLING IMPACT - Average recycled commodity price per ton decreased by $51, affecting recycling revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$4.21 bln
$4.24 bln (19 Analysts)
Q3 Adjusted EPS
Beat
$1.90
$1.78 (20 Analysts)
Q3 EPS
$1.76
Q3 Adjusted Net Income
Beat
$594 mln
$555.94 mln (14 Analysts)
Q3 Net Income
$550 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 9 "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 $260.00, about 19% above its October 29 closing price of $210.50

Press Release: ID:nPn4XfJ5Ya

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