Trash management firm Republic beats revenue estimates on higher pricing

Waste Management

07/05/2026 23:03

May 7 (Reuters) -
Garbage management firm Republic Services RSG.N beat Wall Street estimates for first-quarter revenue on Thursday, helped by higher pricing that offset softer waste volumes.

The company's total revenue for the first quarter came in at $4.11 billion, compared with analysts' estimates of $4.10 billion, according to data compiled by LSEG.

Revenue growth was driven by organic growth of 2.8% in the recycling and waste business and a contribution of 1.1% from acquisitions, the company said.

The Phoenix, Arizona-based company posted an adjusted profit of $1.70 per share for the first quarter, ahead of analysts' average expectation of $1.64 per share.

However, shipping disruptions linked to the U.S.-Israeli war on Iran are slowing deliveries of equipment, fuel and other supplies and pushing up fuel and supply costs, squeezing margins despite price increases.

"We are off to a strong start and remain well positioned to achieve our full-year objectives," CEO Jon Vander Ark said.

The company is one of two publicly traded companies, along with Waste Management WM.N, that provide garbage collection and disposal services across the U.S.

Late April, peer Waste Management WM.N missed Wall Street estimates for first-quarter revenue on Tuesday, hurt by weak volumes in its waste collection business.

 (Reporting by Megha Kumari in Bengaluru; Editing by Sahal Muhammed and Tasim Zahid)

 ((Megha.Kumari@thomsonreuters.com;))