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Republic Services (RSG) released a profit for third quarter that declined from the same period last year.


RTTNews | Nov 5, 2020 04:53PM EST

16:52 Thursday, November 5, 2020 (RTTNews.com) - Republic Services (RSG) released a profit for third quarter that declined from the same period last year.

The company's earnings totaled $260.0 million, or $0.81 per share. This compares with $298.3 million, or $0.93 per share, in last year's third quarter.

Excluding items, Republic Services reported adjusted earnings of $319.3 million or $1.00 per share for the period.

Analysts had expected the company to earn $0.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.0% to $2.57 billion from $2.65 billion last year.

Republic Services earnings at a glance:

-Earnings (Q3): $319.3 Mln. vs. $290.3 Mln. last year.-EPS (Q3): $1.00 vs. $0.90 last year.-Analysts Estimate: $0.81-Revenue (Q3): $2.57 Bln vs. $2.65 Bln last year.

-Guidance:Full year EPS guidance: $3.37 - $3.40Full year revenue guidance: $1.15 - $1.20 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3143607/republic-services-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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