Imperial Capital Raises Price Target to $47 on Republic Services (RSG) Following 2Q15

Go back to Imperial Capital Raises Price Target to $47 on Republic Services (RSG) Following 2Q15

Republic Services, Inc. Increases Quarterly Dividend by 7.1 Percent to $0.30 Per Share

July 23, 2015 4:07 PM EDT

PHOENIX, July 23, 2015 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors has approved a 2-cent increase in the Company's regular quarterly dividend. The quarterly dividend of $0.30 per share will be paid on Oct. 15, 2015, to shareholders of record on Oct. 1,... More

Republic Services, Inc. Reports Second Quarter Results

July 23, 2015 4:07 PM EDT

PHOENIX, July 23, 2015 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today reported net income of $190.3 million, or $0.54 per diluted share, for the three months ended June 30, 2015, versus $179.0 million, or $0.50 per diluted share, for the comparable 2014 period. Adjusted diluted earnings per share for the 2014 period were $0.51 excluding certain charges.

For the six months ended June 30, 2015, net income was $362.7 million, or $1.03 per diluted share, versus $311.5 million, or $0.87 per diluted share, for the comparable 2014 period. On an adjusted basis, net income for the six months... More