Republic Services (NYSE: RSG) reported Q4 EPS of $0.57, $0.02 better than the analyst estimate of $0.55. Revenue for the quarter came in at $2.38 billion versus the consensus estimate of $2.36 billion.

Fiscal Year 2017 Guidance

Republic\'s financial guidance is based on current economic conditions and does not assume any significant changes in the overall economy in 2017. Please refer to the Information Regarding Forward-Looking Statements section of this document.

Specific guidance is as follows:

• Adjusted Free Cash Flow: Republic expects adjusted free cash flow to be $875 million to $900 million. Detail relating to the computation of adjusted free cash flow is contained in the Reconciliation of 2017 Financial Guidance section of this document.
• Adjusted Diluted Earnings per Share: The Company expects adjusted diluted earnings per share to be in the range of $2.32 to $2.36. Detail relating to the computation of adjusted diluted earnings per share is contained in the Reconciliation of 2017 Financial Guidance section of this document.
• Revenue: Republic expects an increase in revenue of 4.5 to 5.0 percent comprised of the following:

• Property and Equipment: The Company anticipates receiving $975 million of property and equipment, net of proceeds from sales of property and equipment.
• Margin: Republic expects adjusted EBITDA margin to expand by 20 to 40 basis points to a range of 28.5 to 28.7 percent.
• Taxes: The Company expects an effective tax rate of 39.5 percent.
• Cash Utilization: Republic expects to invest approximately $100 million in tuck-in acquisitions. Additionally, the Company expects to return approximately $900 million total cash to shareholders, through $450 million of dividends and $450 million in share repurchases.

For earnings history and earnings-related data on Republic Services (RSG) click here.