Republic Services (RSG) Beats Q2 Earnings, Raises Guidance
Zacks Investment Research | Jul 27, 2017 09:09PM ET
Waste management firm Republic Services, Inc. (NYSE:RSG) reported strong second-quarter 2017 results, with healthy year-over-year increase in earnings and revenues. GAAP earnings for the quarter were $202.9 million or 60 cents per share compared with $180.8 million or 52 cents per share in the year-ago quarter. The year-over-year increase in earnings was primarily driven by higher revenues.
Excluding non-recurring items, adjusted earnings for the second quarter were $205.9 million or 61 cents per share compared with $189.5 million or 55 cents per share in the year-earlier quarter. Adjusted earnings for the quarter exceeded the Zacks Consensus Estimate by 2 cents.
Republic Services, Inc. Price, Consensus and EPS Surprise
Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.