Republic Services, Inc. Reports Second Quarter 2019 Results

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Go back to Republic Services, Inc. Reports Second Quarter 2019 Results

Republic Services (RSG) Tops Q2 EPS by 2c; Offers FY19 EPS Guidance

July 25, 2019 4:24 PM EDT

Republic Services (NYSE: RSG) reported Q2 EPS of $0.79, $0.02 better than the analyst estimate of $0.77. Revenue for the quarter came in at $2.61 billion versus the consensus estimate of $2.62 billion.

Second-Quarter Highlights:

EPS was $0.78 per share. Adjusted EPS, a non-GAAP measure, was $0.79 per share and included a 4-cent benefit from a lower than expected effective tax rate, which was partially offset by a 3-cent non-cash tax-related charge.Cash provided by operating activities was $582 million and adjusted free cash flow, a non-GAAP measure, was $272... More