secwatch.observer — SEC 8-K summary
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Issuer:     REPUBLIC SERVICES, INC. (RSG)
CIK:        0001060391
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001060391-23-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Republic Services Q3 adj EPS $1.54 beats; raises FY guidance; authorizes $3B buyback
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- Q3 net income $480.2M ($1.52 EPS), up from $416.9M ($1.32 EPS) YoY; adjusted EPS $1.54.
- Revenue grew 6.3% (4.6% organic); core price on related business up 8.6%; adjusted EBITDA margin expanded 70 bps to 29.9%.
- Full-year adjusted EPS guidance raised to $5.46-$5.49; diluted EPS guidance $5.30-$5.33.
- Board authorized new $3B share repurchase program; YTD returned $670.6M to shareholders.
- Invested $947.4M in acquisitions YTD; average recycled commodity price $112/ton, down $50 YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060391/000106039123000023/0001060391-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060391/000106039123000023/rsg-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001060391-23-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer