Republic Services (RSG) Tops Q4 EPS by 2c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus
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Revenue Growth %: +2.6%
Financial Fact:
Restructuring charges: 7.2M
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Republic Services (NYSE: RSG) reported Q4 EPS of $0.80, $0.02 better than the analyst estimate of $0.78. Revenue for the quarter came in at $2.53 billion versus the consensus estimate of $2.54 billion.
"Our 2019 financial guidance is consistent with the preliminary outlook we provided last October, demonstrating the visibility we have into our business and the stability of our earnings and cash flows," added Slager. "In 2019, we expect to continue to profitably grow our business through the advancement of our strategy, which includes attracting and retaining the best people, strengthening our market position, and leveraging technology to enhance the customer experience and improve operational efficiency."
GUIDANCE:
Republic Services sees FY2019 EPS of $3.23-$3.28, versus the consensus of $3.07.
For earnings history and earnings-related data on Republic Services (RSG) click here.
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