Republic Services, Inc. Reports Second Quarter 2018 Results

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Republic Services (RSG) Misses Q2 EPS by 2c, Revenues MIss; Affirms FY18 EPS/Cash Flow Guidance

July 26, 2018 4:19 PM EDT

Republic Services (NYSE: RSG) reported Q2 EPS of $0.73, $0.02 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.53 billion.

"We continued our strong start to the year in the second quarter, delivering double-digit growth in earnings and free cash flow per share. We've invested over $120 million in value-enhancing acquisitions and returned approximately $700 million of cash to our shareholders since the beginning of the year," said Donald W. Slager, president and chief executive officer. "The strength of the solid waste business and the continued... More