earnings
confidence high
sentiment positive
materiality 0.75
Republic Services Q3 EPS $1.80, adj. $1.81; revenue up 6.5%; guides revenue low, EBITDA high
REPUBLIC SERVICES, INC.
2024-Q3 EPS reported
$4.86
revenue$13,782,700,000
- Q3 net income $565.7M ($1.80 diluted EPS); adj. EPS $1.81, up 17.5% YoY.
- Total revenue +6.5% (organic +4.2%, acquisition +2.3%); core price +6.2%.
- Adj. EBITDA $1,303.3M, margin 32.0% (+210 bps YoY).
- Company expects revenue near low end of $16.075B-$16.125B guidance; expects high end of adj. EBITDA guidance.
- Quarterly dividend declared $0.58/share, payable Jan 15, 2025.