S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Republic Services Lifts Annual Outlook Following Strong Third Quarter

Republic Services boosted its full-year revenue guidance to a range of $17.43 billion to $17.48 billion on Thursday, outpacing analyst projections. The upward revision follows a robust third quarter where the waste management firm saw its profits climb to $592 million, driven by strong performance across core environmental and recycling operations.

Republic Services Lifts Annual Outlook Following Strong Third Quarter

The company reported quarterly revenue of $4.56 billion, comfortably exceeding the $4.42 billion consensus estimate from Wall Street. Adjusted earnings reached $1.94 per share, narrowly edging out the $1.93 forecast. Chief Executive Jon Vander Ark attributed the momentum to consistent growth trends and operational improvements within the company's environmental solutions division.

Revenue gains were broad-based, with the recycling and waste business contributing a 4.8% increase, supplemented by a 2.1% rise in environmental solutions and a 1.3% boost from acquisitions. Reflecting this performance, the company raised its adjusted EBITDA guidance to between $5.55 billion and $5.58 billion. Looking further ahead, the board authorized a $5 billion share repurchase program scheduled to run from 2027 through the end of 2029.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!