Aug. 7 at 12:41 AM
Republic Services reported second-quarter results that exceeded Wall Street expectations, posting adjusted EPS of
$1.85 versus the
$1.82 consensus. Revenue rose to
$4.43 billion, ahead of analysts' estimate of
$4.36 billion, reflecting continued strength in its waste collection, recycling, and environmental services businesses.
The company issued fiscal 2026 guidance for adjusted EPS of
$7.23-
$7.28, slightly below the consensus estimate of
$7.29, while forecasting revenue of
$17.2 billion-
$17.3 billion, with the upper end modestly above Wall Street expectations. The outlook points to continued revenue growth but suggests a more measured earnings trajectory for the remainder of the year.
Republic Services shares have gained nearly 5% over the past three months but remain down about 11% over the past year.
$RSG