Republic Services (NYSE: RSG) reported Q2 EPS of $0.61, $0.01 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.53 billion versus the consensus estimate of $2.47 billion.

Raised Full-Year 2017 EPS Guidance

Republic raised its full-year adjusted diluted EPS guidance to be in a range of $2.36 to $2.39, from the original guidance of $2.32 to $2.36.

GUIDANCE:

Republic Services sees FY2017 EPS of $2.36-$2.39, versus the consensus of $2.39.

Second-Quarter Financial Highlights:

• Adjusted diluted EPS was $0.61 per share, an increase of 11 percent over the prior year.
• Year-to-date cash provided by operating activities was $879 million and adjusted free cash flow was $358 million, an increase of approximately 6 percent over the prior year.
• Total revenue increased 7.5 percent over the prior year, the Company\'s highest level of growth in over 8 years.
• Revenue growth from average yield was 2.5 percent and volumes increased 1.9 percent.
• Core price increased revenues by 4.1 percent, which consisted of 5.3 percent in the open market and 2.2 percent in the restricted portion of the business.
• Adjusted EBITDA increased $42 million, or 6 percent, over the prior year. Adjusted EBITDA margin was 28.0 percent of revenue.
• Total cash returned to shareholders through dividends and share repurchases was $247 million. Year-to-date cash returned to shareholders was $454 million.

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