Republic Services: Q4 Earnings Snapshot
By AP News
Published - Feb 16, 2023, 06:24 AM ET
Last Updated - Jun 22, 2023, 09:21 PM EDT
PHOENIX (AP) — PHOENIX (AP) — Republic Services Inc. (RSG) on Wednesday reported fourth-quarter earnings of $346.8 million.
On a per-share basis, the Phoenix-based company said it had net income of $1.09. Earnings, adjusted for restructuring costs and non-recurring costs, came to $1.13 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The waste management company posted revenue of $3.53 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $3.46 billion.
