Republic Services (RSG) Tops Q3 EPS by 4c, Boosts Guidance
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Republic Services, Inc. Reports Third-Quarter Results; Raises Full-Year Financial Guidance
October 27, 2016 4:05 PM EDTPHOENIX, Oct. 27, 2016 /PRNewswire/ --Â Republic Services, Inc. (NYSE: RSG) today reported net income of $85.6 million, or $0.25 per diluted share, for the three-months ended Sept. 30, 2016, versus $215.0 million, or $0.61 per diluted share, for the comparable 2015 period. Excluding certain expenses, on an adjusted basis, net income for the three-months ended Sept. 30, 2016, was $212.6 million, or $0.62 per diluted share, versus $184.7 million, or $0.53 per diluted share, for the comparable 2015 period. A majority of the expenses excluded from the 2016 adjusted EPS relate to the tender offer for certain outstanding bonds, which closed in early... More
