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Barchart
Barchart
Sohini Mondal

Earnings Preview: What to Expect From Republic Services' Report

Republic Services, Inc. (RSG), with a market cap of $61.4 billion, is a leading provider in the environmental services sector, specializing in non-hazardous solid waste collection, recycling, and energy solutions. The Phoenix, Arizona-based company is expected to announce its fiscal Q2 earnings results after the market closes on Wednesday, July 24.

Ahead of this event, analysts are expecting RSG to report a profit of $1.52 per share, up 7.8% from $1.41 per share in the year-ago quarter. The company has consistently surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. Increased revenues from collection services and environmental solutions, alongside enhanced operational efficiencies, helped the company surpass the consensus EPS estimate by 5.8% in the most recent quarter.

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