Overview
Republic Services Q3 revenue missed analyst expectations, per LSEG data
Adjusted EPS for Q3 beats consensus, reflecting strong operational execution
Company invested over $1 bln in acquisitions year-to-date
Outlook
Company expects revenue to be near the low end of full-year 2025 guidance
Company reiterates all other financial components of 2025 guidance
Result Drivers
PRICING STRATEGY - Effective pricing ahead of cost inflation and disciplined operational execution expanded adjusted EBITDA margin by 80 basis points
ACQUISITIONS - Revenue growth included 1.6% from acquisitions, contributing to overall 3.3% revenue increase
RECYCLING IMPACT - Average recycled commodity price per ton decreased by $51, affecting recycling revenue
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $4.21 bln | $4.24 bln (19 Analysts) |
Q3 Adjusted EPS | Beat | $1.90 | $1.78 (20 Analysts) |
Q3 EPS | $1.76 | ||
Q3 Adjusted Net Income | Beat | $594 mln | $555.94 mln (14 Analysts) |
Q3 Net Income | $550 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for Republic Services Inc is $260.00, about 19% above its October 29 closing price of $210.50
Press Release: ID:nPn4XfJ5Ya
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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