Republic Services (RSG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Republic Services, Inc. (RSG) builds environmental services portfolio for more growth.
RSG's commitment to sustainability and shareholders is boosting its prospects. However, high operating costs are a major headwind.
RSG continues to benefit from increasing environmental concerns, rapid industrialization and an increase in population.
Republic Services boasts a strong economic moat and competitive advantages, making it a highly profitable and stable business in the waste management industry. The company's efficient operations, valuable assets, and strategic franchise contracts contribute to its significant pricing power and market position. 2024 was a strong year for the firm with great revenue growth being accompanied by a massive expansion in operating earnings.
Robust segmental performances benefit RSG's top line in the fourth quarter of 2024.
Republic Services, Inc. (NYSE:RSG ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Aaron Evans - VP of IR Jon Vander Ark - CEO Brian DelGhiaccio - CFO Conference Call Participants Bryan Burgmeier - Citi Tyler Brown - Raymond James Noah Kaye - Oppenheimer Jerry Revich - Goldman Sachs Trevor Romeo - William Blair Sabahat Khan - RBC Capital Markets Tobey Sommer - Truist Security Harold Antor - Jefferies Brian Butler - Stifel Tony Bancroft - Gabelli Funds Konark Gupta - Scotia Capital Kevin Chiang - CIBC James Schumm - TD Cowen Devin Dodge - BMO Capital Markets Operator Good afternoon, and welcome to the Republic Services Fourth Quarter and Full Year 2024 Investor Conference Call. Republic Services is traded on the New York Stock Exchange under the symbol RSG.
The headline numbers for Republic Services (RSG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Republic Services (RSG) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.41 per share a year ago.
A robust segmental performance is likely to have benefited RSG's top line in the fourth quarter of 2024.
Get a deeper insight into the potential performance of Republic Services (RSG) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Republic Services Inc. is a leading waste collection and recycling company, competing with Waste Management and Waste Connections. The company has a compound annual growth rate of more than 20% over the past decade. RSG has solid financials and a growing dividend, but the valuation is hard to overlook.