Republic Services (RSG) Reports Q3 Earnings; Guides In-line for FY

November 2, 2009 4:21 PM EST

Republic Services, Inc. (NYSE: RSG) reports Q3 EPS of $0.32 ($0.39 ex-items) vs. the consensus estimate of $0.36.

"Based on our continued solid performance, we are increasing our full year earnings guidance for the second time this year," said James E. O'Connor, Chairman and Chief Executive Officer of Republic Services, Inc. "Our new, full-year adjusted earnings guidance is a range of $1.46 to $1.48 per share, which represents a three cent per share increase over our previous guidance. We are also reaffirming our full-year free cash flow guidance of $700 to $725 million. I am especially pleased to see a 110 basis point increase in our adjusted year-over-year margins."
(Consensus is $1.46)

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