Republic Services, Inc. Reports Second Quarter 2019 Results
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Republic Services (RSG) Tops Q2 EPS by 2c; Offers FY19 EPS Guidance
July 25, 2019 4:24 PM EDTRepublic 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